SpaceX agrees to acquire EchoStar's unpaired AWS-3 licenses for $2.6B in stock, after EchoStar sold WS-4 and H-block licenses to SpaceX for $17B in September (Jake Rudnitsky/Bloomberg)
PositiveArtificial Intelligence

SpaceX agrees to acquire EchoStar's unpaired AWS-3 licenses for $2.6B in stock, after EchoStar sold WS-4 and H-block licenses to SpaceX for $17B in September (Jake Rudnitsky/Bloomberg)
SpaceX has made a significant move by agreeing to acquire EchoStar's unpaired AWS-3 licenses for $2.6 billion in stock. This follows EchoStar's previous sale of WS-4 and H-block licenses to SpaceX for $17 billion in September. This acquisition is crucial as it enhances SpaceX's spectrum capabilities, allowing for improved satellite communication services. The deal underscores SpaceX's commitment to expanding its operations and solidifying its position in the competitive space industry.
— via World Pulse Now AI Editorial System


