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EchoStar’s SpaceX Discount Play | Raleigh News
SpaceX’s IPO sent Wall Street buzzing, but a hidden gem emerged: EchoStar, owner of DISH and Sling TV, holds a massive $11 billion stake in the rocket company—thanks to a spectrum deal. While SpaceX’s stock soared, EchoStar’s dipped, creating a tempting 20% discount for savvy investors. But beware: EchoStar’s loaded with debt and a bankrupt subsidiary. The real question? How’s that SpaceX stake structured—and when will the lock-ups lift? Answers may come July 30th with Q2 earnings. It’s not a direct ticket to the SpaceX ride—it’s a risky, leveraged gamble with baggage, and the discount?…
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