EchoStar

SATS

Market cap $35.6B

SpaceX has officially filed its S-1 prospectus with the SEC, confirming plans to list on the Nasdaq under the ticker SPCX, with pricing expected on June 11 and public trading beginning as early as June 12, 2026. The offering aims to raise up to $75 billion at a valuation of approximately $1.75 trillion, which would make it the largest IPO in Wall Street history.

Short sellers are piling into a wide-ranging group of names, with the latest Benzinga Pro data showing elevated bearish positioning across 10 stocks spanning energy, crypto, AI and enterprise software.

The European commission is ​set to allocate ‌two thirds of lucrative mobile satellite spectrum ​to European ​companies, with the rest ⁠available for non-European ​rivals such as ​Elon Musk's Starlink and Amazon's low-earth-orbit satellite business ​Leo, people ​with direct knowledge of the ‌matter ⁠said on Tuesday.

The breakneck tech rally still has legs, judging by moves Tuesday.

EchoStar swapped some of its wireless spectrum for a 2% stake in SpaceX in September. It's stock has doubled since then.

FCC Chairman Brendan Carr joins ‘Squawk on the Street' to discuss the agency's approval of EchoStar's $40 billion sale of wireless spectrum to AT&T and SpaceX, the ongoing dispute with Disney, and more.

New Street Research launched coverage of 10 space stocks on Wednesday. The broker call four of the stocks buys.

EchoStar Corp (NASDAQ:SATS) shares are gaining Wednesday. Federal regulators cleared two large transactions that allow the company to transfer a significant block of its spectrum holdings to SpaceX and AT&T.

The U.S. ‌Federal Communications Commission's ​Wireless ​Telecommunications Bureau and ⁠Space ​Bureau approved ​EchoStar's sale of approximately ​65 ​megahertz of spectrum ‌to ⁠SpaceX and 50 megahertz ​to ​AT&T, ⁠the agency ​said in ​a ⁠statement on ⁠Tuesday.

If you have ever tried to buy “space exposure” through an ETF, you have probably noticed the same trick.