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Jun 11, 2026 4:00 PM

EchoStar Stock Soars Ahead Of SpaceX IPO

EchoStar Corp (NASDAQ:SATS) shares are flying on Thursday as SpaceX prepares to go public. EchoStar owns a meaningful stake in SpaceX.

EchoStar stock is charging ahead with explosive momentum. Why is SATS stock up today?

EchoStar agreed to sell its AWS‑4 and H‑block spectrum licenses to SpaceX for about $17 billion late last year. The structure included up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock valued at signing.

SpaceX also agreed to cover about $2 billion in EchoStar's interest payments through November 2027, which removed a major financial overhang and strengthened EchoStar's balance sheet. With the SpaceX IPO in focus on Wall Street, investors are bidding up EchoStar stock on Thursday.

A Strategic Partnership That Extends Beyond Equity

The deal also created a long‑term commercial relationship. Boost Mobile customers will gain access to SpaceX's Starlink Direct to Cell service through EchoStar's cloud‑native 5G core. This positions EchoStar as a key player in satellite‑to‑phone connectivity.

EchoStar's leadership said the combination of its spectrum with SpaceX's launch and satellite capabilities will accelerate the rollout of direct‑to‑cell services. ...