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SpaceX Purchasing Wireless Spectrum Licenses From EchoStar For $17 Billion
Forbes·2025-09-08 22:15

ToplineSpaceX will purchase wireless spectrum licenses from EchoStar, the telecommunications company that owns the Boost Mobile cell provider, for about 17billionincashandstock,thecompaniessaidonMondaymorning,lettingtheElonMuskcompanyforgealargerroleinthecellphonemarket.SpaceXagreedtopurchasewirelessspectrumlicensesfromEchoStarforabout17 billion in cash and stock, the companies said on Monday morning, letting the Elon Musk company forge a larger role in the cell-phone market.SpaceX agreed to purchase wireless spectrum licenses from EchoStar for about 17 billion.Getty Images ...