Key Metrics
10.65
Heat Index-
Impact LevelMedium
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Scope LevelNational
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Last Update2025-11-06
Key Impacts
Positive Impacts (5)
Event Overview
The revision of a spectrum license agreement between EchoStar and SpaceX, increasing the transaction value, has led to significant stock price volatility. This event highlights the financial implications and market sensitivity to changes in high-value business agreements.
Collect Records
EchoStar's Stock Fluctuates, Revises Spectrum License Agreement with SpaceX
EchoStar's stock experienced significant fluctuations in pre-market trading, initially dropping by nearly 9% and then rising by over 4%. The company has revised its spectrum license procurement agreement with SpaceX. Under the new terms, EchoStar will sell its complete unpaired AWS-3 spectrum license portfolio to SpaceX for $26 billion. This revision increases the total transaction value from $170 billion to $196 billion.