EchoStar's Business Deemed 'Irrelevant' as Focus Shifts to SpaceX Stake

MoffettNathanson analysts view satellite-communications company EchoStar's core business as 'irrelevant,' with investors primarily focused on its stake in SpaceX.

2 Mar, 18:12 — 2 Mar, 18:12

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marketwatchMostly Factual167d ago

EchoStar’s business deemed ‘irrelevant’ as investors focus on future SpaceX stake

The satellite-communications company is essentially a hedge fund with a SpaceX stake, in the view of MoffettNathanson analysts.

By William Gavin

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EchoStar's Business Deemed 'Irrelevant' as Focus Shifts to SpaceX Stake

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EchoStar’s business deemed ‘irrelevant’ as investors focus on future SpaceX stake

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