EchoStar's $17B SpaceX Deal: A New Chapter?

EchoStar's stock jumps after the FCC closes its 5G probe and the company finalizes a $17 billion deal to sell wireless spectrum to SpaceX. Investors are reacting positively to the news, which includes a long-term partnership for Starlink's Direct-to-Cell service and a stronger financial outlook for EchoStar, whose stock is already up 261% this year. Is this just the beginning for EchoStar's meteoric rise? Hosted on Acast. See acast.com/privacy for more information.