Charlie Ergen’s EchoStar has struck a definitive agreement with Elon Musk‘s SpaceX to sell the company’s AWS-4 and H-block spectrum licenses for approximately $17 billion, consisting of up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock, the companies said on Monday. “Additionally, the definitive agreement provides for SpaceX to fund an aggregate of approximately $2 billion of cash interest payments payable on EchoStar debt through November of 2027,” they said.
Källa: Elon Musk’s SpaceX to Buy EchoStar Spectrum for $17B, Fund $2B in Debt Interest Payments
