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EchoStar to hold 2% SpaceX stake after spectrum close

9/10/2026

12 1 Full Breakdown

Summary

EchoStar Secures Stake

EchoStar will hold a 2% stake in SpaceX once its pending spectrum transaction closes.
UBS analysts value the stake at $39 billion and rate EchoStar stock as a buy.
EchoStar expects $31.5 billion cash proceeds from spectrum deals with AT&T and SpaceX.
Robinhood’s equity volumes rose about 24% month-over-month after SpaceX’s June IPO.
Mizuho forecasts Robinhood’s 4Q equity volumes to increase roughly 50% year-over-year, up from 16%.

Summary

Kalshi Reports Volume

Gold futures fell 0.8% to $4,440.60 per ounce in New York.
Silver prices slipped 0.2% to $66.59 per ounce, mirroring broader precious-metal weakness.
Kalshi reported $400 million seven-month commodity-contract volume, four times its crypto volume at the same stage.
Kalshi’s commodity contracts cover gold, silver, copper, WTI, Brent, gasoline and natural gas.

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EchoStar Secures Stake

EchoStar will hold a 2% stake in SpaceX once its pending spectrum transaction closes.
UBS analysts value the stake at $39 billion and rate EchoStar stock as a buy.
EchoStar expects $31.5 billion cash proceeds from spectrum deals with AT&T and SpaceX.
Robinhood’s equity volumes rose about 24% month-over-month after SpaceX’s June IPO.
Mizuho forecasts Robinhood’s 4Q equity volumes to increase roughly 50% year-over-year, up from 16%.

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