Overview

• SpaceX will pay up to $8.5 billion in cash and issue up to $8.5 billion in stock for AWS-4 and H-block spectrum licenses.
• The agreement includes SpaceX funding about $2 billion of EchoStar’s cash interest payments through November 2027.
• A separate commercial pact will let Boost Mobile subscribers access Starlink’s direct-to-cell service through EchoStar’s 5G core.
• EchoStar says this sale, together with its $23 billion August spectrum transaction with AT&T, addresses the FCC’s review of its buildout compliance.
• EchoStar shares rose nearly 22 percent in premarket trading following the announcement.