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FCC approves SpaceX spectrum deal with $2.4 billion escrow condition | Independent Space News

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Published May 12th, 2026 10:03 PM

Updated May 15th, 2026 4:01 PM

ISN News Desk · Reporting based on SpaceNews

FCC approves SpaceX spectrum deal with $2.4 billion escrow condition

SpaceX has the FCC’s blessing to buy EchoStar spectrum to improve direct-to-device services in the United States, subject to a $2.4 billion escrow tied to disputes over the seller’s abandoned terrestrial 5G network buildout.

Image: SpaceNews

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