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EchoStar Approves $17 Billion Spectrum Sale to SpaceX

10/5/2025

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Summary

Story summary

EchoStar gained regulatory approval on October 3 for $17 billion spectrum sale to SpaceX.
The Lyra-4 satellite, launched in June, completed the International Telecommunication Union (ITU)'s Bringing Back Into Use process.
SpaceX plans a 20-fold increase in throughput for direct-to-device services, aided by 650 Starlink satellites.
Deal uses SpaceX stock and cash, with $2 billion for EchoStar's debt interest payments.

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Story summary

EchoStar gained regulatory approval on October 3 for $17 billion spectrum sale to SpaceX.
The Lyra-4 satellite, launched in June, completed the International Telecommunication Union (ITU)'s Bringing Back Into Use process.
SpaceX plans a 20-fold increase in throughput for direct-to-device services, aided by 650 Starlink satellites.
Deal uses SpaceX stock and cash, with $2 billion for EchoStar's debt interest payments.