<h2 class="topline-heading">Topline</h2><p>SpaceX will purchase wireless spectrum licenses from EchoStar, the telecommunications company that owns the Boost Mobile cell provider, for about $17 billion in cash and stock, the companies said on Monday morning, letting the Elon Musk company forge a larger role in the cell-phone market.</p><figure class="embed-base image-embed embed-0" role="presentation"><div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/68bee2be00f1ed1f166bcf76/SpaceX-Crew-7-Launch-To-Bring-Astronauts-To-International-Space-Station/960x0.jpg?fit=scale" alt="SpaceX Crew-7 Launch To Bring Astronauts To International Space Station" width="100%" height="auto"></div><div style="--article-bg-color:#faf3f1"><div class="bMqrj"><div class="Jp--BF7-"><span style="-webkit-line-clamp:2" class="Ccg9Ib-7 _8XF2kHYM">SpaceX agreed to purchase wireless spectrum licenses from EchoStar for about $17 billion.</span></div><small class="pGGCM2aD">Getty Images</small></div></div></figure>

<div class="key-facts-element"><p><em>This is a breaking story and will be updated.</em></p></div>

The deal will allow Boost Mobile subscribers to access direct-to-cell service from SpaceX’s Starlink.{ai:summary}<p>SpaceX will buy EchoStar's wireless spectrum licenses for about $17 billion in cash and stock, expanding its footprint in the cell-phone market.</p><p>EchoStar owns Boost Mobile; the deal positions SpaceX for a larger role in wireless.

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Musk’s SpaceX Buying Wireless Spectrum Licenses For $17 Billion

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