SpaceX to Pay EchoStar $2.6 Billion for Additional Spectrum

Bloomberg TechnologyThursday, November 6, 2025 at 11:41:42 AM
SpaceX to Pay EchoStar $2.6 Billion for Additional Spectrum

SpaceX to Pay EchoStar $2.6 Billion for Additional Spectrum

SpaceX has made a significant move by agreeing to pay EchoStar $2.6 billion for additional spectrum licenses. This deal, which builds on a previous agreement from September, highlights SpaceX's commitment to expanding its Starlink satellite internet network. The acquisition of these unpaired AWS-3 licenses is crucial for enhancing their service capabilities, which could lead to improved internet access for users worldwide. This development not only strengthens SpaceX's position in the satellite internet market but also reflects the growing demand for reliable connectivity.
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