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Venture
fromBusiness Insider
1 day ago

XAI shares Q&A with staff on what they can expect from the SpaceX merger

SpaceX acquired xAI while both brands remain separate, xAI's mission and valuation stay unchanged, IPO planning continues, and intercompany access will be restricted.
fromTelecompetitor
4 months ago

EchoStar Sells Spectrum to SpaceX in $17B Deal

EchoStar is selling its AWS-4 and H-block spectrum licenses for approximately $17 billion to SpaceX, the company announced today. Space X will pay about half of the amount in cash and the remainder in company stock under the agreement, which also provides for SpaceX to fund an aggregate of approximately $2 billion of cash interest payments payable on EchoStar debt through November of 2027.
Business
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