HomeTechTechnology'Race for Spectrum:' SpaceX's $17B SATS Deal Shakes Telecom Industry

'Race for Spectrum:' SpaceX's $17B SATS Deal Shakes Telecom Industry

SpaceX will pay $17 billion to use EchoStar's (SATS) spectrum services. The company jumped to all-time highs on the announcement. George Tsilis says the purchase shows how the "race for spectrum" is speeding up and what it means for telecommunications as a whole. George notes the possibility of a "Street overreaction" in Monday's sell-off but believes headwinds will shape up for companies seeking similar ventures.

Next Gen Investing

08 Sep 2025

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