The Federal Communications Commission’s first spectrum auction after a four-year hiatus. brought in upwards of $3.5 billion in total, the agency said.
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Elon Musk's SpaceX has told investors that it plans to launch a Starlink mobile service for U.S. consumers, the Financial Times reported on Friday, citing people familiar with the matter. SpaceX was considering launching a Starlink retail product and could build its own terrestrial U.S. mobile network, President Gwynne Shotwell told investors during a recent IPO roadshow, according to the FT report. Reuters could not immediately verify the report.
Investing.com -- Elon Musk’s SpaceX on Thursday said that it has priced its initial public offering at $135 per share on Thursday, raising $75 billion in the largest IPO in U.S. history.
Find insight on MISC, HD Hyundai Heavy Industries, SATS and more in the latest Market Talks covering Auto and Transport.
EchoStar provides one of the few public market ways to get exposure to SpaceX before the IPO.
AST SpaceMobile gained attention after SpaceX identified the company as a competitor in satellite-to-mobile connectivity.
The rocket maker’s IPO filing outlines billions in AI spending, Starship development, and Elon Musk’s effort to combine launch systems, satellite internet, social media, and artificial intelligence under one company.
EchoStar has emerged as one of the leading plays on SpaceX since the company got a 2%-plus stake in Elon Musk’s company in return for some of EchoStar’s spectrum. The IPO could value SpaceX at $1.5 trillion to $2 trillion, making it one of the more valuable companies in the world. EchoStar stock has doubled since the initial spectrum deal in September and finished Monday at $136.45, down 0.5% on the session.
Darsana Capital Partners has nearly 60% of the money it manages in shares of Elon Musk’s rocket maker.
Verizon (VZ), AT&T (T) and T-Mobile (TMUS) said on Thursday that they agreed in principle to form a new joint venture that seeks to address long-time coverage gaps especially in rural areas by using satellite-based technologies.
Amdocs (NASDAQ:DOX) reported fiscal second-quarter 2026 revenue and non-GAAP earnings above the midpoint of its guidance, while newly appointed Chief Executive Officer Shimie Hortig used the company’s earnings call to outline a strategy centered on “agentic” artificial intelligence for telecom opera
EchoStar Corp (NASDAQ:SATS) shares are gaining Wednesday. Federal regulators cleared two large transactions that allow the company to transfer a significant block of its spectrum holdings to SpaceX and AT&T. Here’s what you should know. EchoStar shares are powering higher. Why is SATS stock surging? The approval removes the final regulatory barrier and confirms that EchoStar can now complete both sales, which together represent more than $40 billion in deal value according to the FCC. FCC Approv
June S&P 500 E-Mini futures (ESM26) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.79% this morning, buoyed by gains in technology stocks, while investors gear up for crucial U.S. producer inflation data and the highly anticipated Trump-Xi summit.
EchoStar has been on fire lately. In the past six months alone, the company’s stock price has rocketed 67.6%, reaching $123.16 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
These companies own or plan to own a respectable stake in SpaceX.
Crown Castle (NYSE:CCI) executives used the company’s first-quarter 2026 earnings call to highlight progress toward a transition to a standalone tower business, while reiterating full-year guidance and outlining priorities ranging from asset sales to cost reductions and litigation with DISH. Manage
Moby summary of Crown Castle Inc.'s Q1 2026 earnings call