Elon Musk’s SpaceX Secures $17 Billion Deal to Expand Starlink’s Direct-to-Cell Satellite Network
Elon Musk’s SpaceX has sealed a landmark $17 billion agreement with EchoStar Corp. to acquire spectrum licenses that will power the expansion of its Starlink satellite internet network and accelerate its highly anticipated direct-to-device (Direct-to-Cell) service. Deal Breakdown: Cash + Equity The transaction covers EchoStar’s AWS-4 and H-block spectrum