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MMLL

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  ·06-12
  SpaceX IPO Day: Beyond the Hype, This "Backdoor" Play Is Surging – EchoStar's Massive Stake Revealed
  SpaceX IPO Day: Beyond the Hype, This "Backdoor" Play Is Surging – EchoStar's Massive Stake Revealed Today (June 12, 2026), the space exploration giant SpaceX (SPCX.US) made its historic debut on Nasdaq. Priced at $135 per share, the IPO raised approximately $75 billion, giving the company a staggering first-day market cap of 1.77 trillion. While all eyes are on this "epic" listing, a potentially undervalued "proxy stock" that got in early is surging: EchoStar $回声星通信(SATS)$ , which rocketed 11.19% higher on the news. The Core Thesis EchoStar is not just a partner but a significant shareholder of SpaceX, having acquired a massive stake through a strategic asset sale. 1. The Deal: How EchoStar Became a SpaceX Shareholder EchoStar didn't bu
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  SpaceX IPO Day: Beyond the Hype, This "Backdoor" Play Is Surging – EchoStar's Massive Stake Revealed

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