InfraOrbitThe capital behind space.
M&A · Announced · 8 Sep 2025

SpaceX purchase of EchoStar AWS-4 and H-block spectrum

EchoStar agreed to sell spectrum to SpaceX for direct-to-cell Starlink service.

Company
EchoStar AWS-4 and H-block spectrum licences
Type
M&A
Status
Announced
Date
8 Sep 2025
Value
US$17bn
Value basis
About US$17bn in cash and SpaceX stock
Region
US
Segment
Spectrum

Parties

Key terms

Price
about US$17bn

Sources

  1. EchoStar 8-K: spectrum sale to SpaceX sec.gov · 8 Sep 2025

Record ORB-INV-2025-0013. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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