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Coming up, SpaceX acquires wireless spectrum from Echo Star for about $17 billion.

Musk Starlink with a new direct-to-sell opportunity.

Plus, we discussed Elon Musk's $1 trillion pay package offer with a corporate governance

advisor for Tesla's special committee. And we sit down with the CEOs of renowned public and

private companies, Roblox and Cognition later this hour. Let's get to our top story. So SpaceX

acquires Spectrum licenses from Echo Star in a $17 billion deal. It's split between

cash and SpaceX stock. There is a lot more to it than that. Let's get out to Washington, D.C.

Bloomberg's Kelsey Griffith has the details. Let's just start with the basics of the deal.

What is SpaceX offering here and what is SpaceX getting?

Absolutely. So SpaceX is offering a much-needed infusion of cash for Echo Star. It's helping Echo Star beat a regulatory probe that's been hanging

over it for months, in which Echo Star could have lost many of its valuable spectrum licenses

...