🦋bluesky first seen 5 d ago, last 4 d ago, peak #2
SpaceX weighs EchoStar spectrum purchase amid record valuation
Original: SpaceX valuation and spectrum purchase
SpaceX is reportedly in talks to acquire spectrum from EchoStar, a move that would bolster Starlink's satellite broadband capacity. The company's valuation has climbed to roughly $400 billion, making it the most valuable private firm in the world. Business observers are debating whether the spectrum deal justifies the price and how it reshapes competition with wireless carriers.
Why now: Reports of the spectrum acquisition and SpaceX's soaring valuation highlight the company's expanding influence in satellite communications.
SpaceXEchoStarStarlinkElon Musk
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