Starlink and EchoStar strike $17B deal to expand global connectivity

Wall St Engine

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Bloomberg reports Starlink is in advanced talks to acquire EchoStar Spectrum $SATS, and the companies just confirmed a $17B deal. EchoStar will sell its AWS-4 and H-block licenses for up to $8.5B in cash and $8.5B in SpaceX stock, plus ~$2B in debt interest support. The