The Satellite Business Has Changed, and Iridium’s Products Remain Vital
October 15, 2025
In September 2025, Starlink stunned the satellite world when it agreed to acquire wireless spectrum from EchoStar to expand its direct-to-cell service. This $17 billion deal (half in cash and half in parent company SpaceX stock) spurred EchoStar’s stock price to climb nearly 15 percent. In part, this was because investors were given one of the few available routes to invest in Elon Musk’s private space launch and satellite vehicle.
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