Elon Musk’s SpaceX has agreed to acquire critical spectrum licenses from EchoStar Corp in a $17 billion deal aimed at accelerating the expansion of its Starlink satellite network and enabling direct-to-device connectivity.
SpaceX will pay $8.5 billion in cash and issue $8.5 billion in stock to
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
