Musk’s SpaceX spends $17 billion to acquire spectrum licenses from EchoStar

The deal for EchoStar’s AWS-4 and H-block spectrum licenses includes up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock. SpaceX will make approximately $2 billion in cash interest payments on EchoStar debt through November 2027. SpaceX and EchoStar will enter into a long-term commerc...

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