Divestiture • Aerospace

SpaceX Acquires EchoStar - Unpaired AWS-3 Spectrum License Portfolio

On November 6, 2025, SpaceX acquired aerospace company EchoStar - Unpaired AWS-3 Spectrum License Portfolio from EchoStar for 2.6B USD

Acquisition Context
  • This is SpaceX’s 1st transaction in the Aerospace sector.
  • This is SpaceX’s largest (disclosed) transaction.
  • This is SpaceX’s 2nd transaction in the United States.
  • This is SpaceX’s 1st transaction in California.

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M&A Deal Summary

Date November 6, 2025
Target EchoStar - Unpaired AWS-3 Spectrum License Portfolio
Sector Aerospace
Buyer(s) SpaceX
Sellers(s) EchoStar
Deal Type Divestiture
Deal Value 2.6B USD

Target Company

EchoStar - Unpaired AWS-3 Spectrum License Portfolio

Hawthorne, California, United States
EchoStar's Unpaired AWS-3 Spectrum License Portfolio consists of nationwide uplink spectrum in the 1695–1710 MHz band, classified under 3GPP Band 70n. EchoStar's Unpaired AWS-3 Spectrum License Portfolio is based in Hawthorne, California.
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Buyer Overview 1

Buyer

SpaceX

Hawthorne, California, United States

Category Company
Founded 2002
Sector Aerospace
DESCRIPTION
SpaceX's corporate headquarters in Hawthorne, California.
SpaceX's corporate headquarters in Hawthorne, California.

SpaceX is a space transportation company that designs, manufactures and launches advanced rockets and spacecraft. SpaceX was formed in 2002 and is based in Hawthorne, California.


Deal Context for Buyer #
Overall 2 of 2
Sector: Aerospace 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 2 of 2
Year: 2025 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-15 Akoustis

Huntersville, North Carolina, United States

Akoustis is an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications. Akoustis was founded in 2013 and is headquartered in Huntersville, North Carolina.

Buy $30M

Seller Profile 1

SELLER

EchoStar

Englewood, Colorado, United States

Category Company
Founded 2007
Sector Communications
Revenue 2.0B USD (2022)
DESCRIPTION
Entrance to EchoStar's corporate headquarters in Englewood, Colorado.
Entrance to EchoStar's corporate headquarters in Englewood, Colorado.

EchoStar is a provider of satellite operations and video delivery solutions. Its wholly-owned subsidiary, Hughes, provides satellite broadband services, delivers network technologies and manages services for enterprise and government customers for customers around world. EchoStar was founded in 2007 and is based in Englewood, Colorado.


Deal Context for Seller #
Overall 3 of 3
Sector: Aerospace 1 of 1
Type: Divestiture 3 of 3
State: California 1 of 1
Country: United States 3 of 3
Year: 2025 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 DISH Network

Englewood, Colorado, United States

DISH Network is a provider of pay-TV services and wireless communications services. The Company offers a selection of local and national programming and serves the North American media market. DISH Network was incorporated in 1980 and is based in Englewood, Colorado.

Buy $26M