SpaceX has agreed to a $17 billion deal to purchase wireless airwaves from EchoStar, which includes $8.5 billion in cash and stock, as well as a contribution to EchoStar's debt payments. This acquisition aims to strengthen SpaceX's presence in the mobile-phone market and enhance its satellite service capabilities.
spacex ✓
echostar ✓
wireless ✓
+ telecom
elon-musk ✓