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SpaceX buys EchoStar's spectrum licenses for $17 billion, boosting Starlink and aiding EchoStar's 5G efforts.
Elon Musk's SpaceX has acquired $17 billion worth of spectrum licenses from EchoStar, combining $8.5 billion in cash and an equivalent amount in SpaceX stock.
This deal will enhance SpaceX's Starlink satellite network and allow EchoStar's Boost Mobile subscribers to access Starlink's Direct-to-Cell service.
SpaceX will also cover about $2 billion of EchoStar's debt interest payments.
The transaction is expected to resolve recent FCC inquiries into EchoStar's 5G rollout, with EchoStar using part of the proceeds to pay down debt.
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SpaceX compra las licencias de espectro de EchoStar por $ 17 mil millones, impulsando Starlink y ayudando a los esfuerzos de EchoStar en 5G.