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SATS Clocks Best Day This Year As EchoStar’s SpaceX Stake Takes Center Stage

Part of: SpaceX IPO, valuation swings, and Starship risk · See the full timeline

September 10, 2026 · Updated September 11, 2026 · Curated by 247ignite
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Top StorySATS Clocks Best Day This Year As EchoStar’s SpaceX Stake Takes Center Stage

Stocktwits

SpaceX's IPO launched at $135 per share, raising $75 billion and valuing the company at $1.77 trillion. EchoStar Corporation, which holds 52 million SpaceX shares from a $19.6 billion spectrum deal finalized in November 2025, saw its stock jump nearly 11% on Thursday, with an additional 5% gain in after-hours trading. The IPO has drawn significant investor attention to EchoStar as a proxy for public exposure to SpaceX.

EchoStar’s stake in SpaceX, acquired through a mix of cash and Class A shares initially priced at $212 each, has become a key driver of its market performance. While EchoStar’s traditional satellite and pay-TV businesses face headwinds, its SpaceX holdings are now a focal point for investors betting on the space sector's growth.

Investment implication: SpaceX's $1.77 trillion valuation solidifies its dominance and raises competitive pressure on rivals like Blue Origin and Rocket Lab. For you, EchoStar's gains demonstrate the value of identifying indirect beneficiaries in the space sector and adjusting investment strategies accordingly.

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