Posted: Sun, Nov 9, 2025, 9:01 AM ET (1401 GMT)
EchoStar is selling more spectrum to SpaceX for $2.6 billion. EchoStar announced Thursday it would sell 15 megahertz of nationwide, unpaired AWS-3 uplink spectrum licenses to SpaceX. The spectrum would improve SpaceX direct-to-device services in the United States. EchoStar sold a larger block of spectrum to SpaceX in September for $17 billion in cash and stock; SpaceX will pay for the new spectrum in stock. EchoStar announced a new division Thursday called EchoStar Capital, which will hold its equity in SpaceX and be responsible for investing in complementary growth opportunities as an “asset-light” company.

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