*Walter Bloomberg
*Walter Bloomberg|Sep 08, 2025 11:41
SPACEX AGREES TO BUY WIRELESS AIRWAVES IN 17 BILLION DEAL SpaceX has agreed to pay up to 17 billion for the rights to use some of EchoStar's valuable spectrum for cellphone service. EchoStar said Monday that SpaceX agreed to pay 8.5 billion in cash and up to 8.5 billion of its stock for two chunks of valuable wireless spectrum. The rocket and satellite-internet company also agreed to pay about 2 billion of cash toward interest payments on EchoStar debt through November 2027.(*Walter Bloomberg)
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