EchoStar stock reacts to SpaceX spectrum deal and IPO

EchoStar (SATS) stock has been swinging sharply after a US$17b spectrum sale to SpaceX tied the company’s fortunes to SpaceX equity. FCC approval has cemented its role as a spectrum monetizer.

See our latest analysis for EchoStar.

EchoStar’s share price has been volatile over the past year as investors react to each SpaceX headline, with a 12.27% 90 day share price return and a very large 1 year total shareholder return that reflects shifting expectations around its spectrum deals and equity stake.

If this kind of space linked story has your attention, it might be a good time to see what else is happening in related infrastructure by scanning 48 AI infrastructure stocks

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