Musk’s SpaceX Buying Wireless Spectrum Licenses For $17 Billion

Topline

SpaceX will purchase wireless spectrum licenses from EchoStar, the telecommunications company that owns the Boost Mobile cell provider, for about $17 billion in cash and stock, the companies said on Monday morning, letting the Elon Musk company forge a larger role in the cell-phone market.

SpaceX agreed to purchase wireless spectrum licenses from EchoStar for about $17 billion.

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This is a breaking story and will be updated.

Source: https://www.forbes.com/sites/zacharyfolk/2025/09/08/spacex-purchasing-wireless-spectrum-licenses-from-echostar-for-17-billion/