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Market Chatter: SpaceX Discusses Boost Mobile Deal With EchoStar to Expand Into Wireless Market

Market Chatter: SpaceX Discusses Boost Mobile Deal With EchoStar to Expand Into Wireless Market

MT newswireMT newswire2026/11/02 10:23
06:23 AM EST, 11/02/2026 (MT Newswires) -- SpaceX (SPCX) is in talks with EchoStar (ECHO) to acquire Boost Mobile or access its network to launch a US wireless service, The Washington Post reported Monday, citing people familiar with the negotiations. Access to Boost Mobile's network could help SpaceX enter the $235 billion US wireless market, subject to carrier approvals, according to the report. The discussions follow SpaceX's recent agreement to acquire $8 billion in wireless spectrum licenses to expand its mobile connectivity ambitions, the report added. SpaceX and EchoStar didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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