Traders Speculate on Echostar as Potential Beneficiary of Upcoming SpaceX IPO
Options traders are showing increased activity in Echostar (NASDAQ: SATS), a mid-cap networking company that owns approximately 3% of SpaceX. The surge comes amid anticipation for the highly anticipated SpaceX IPO, which is expected to raise $75 billion at an estimated valuation of $1.77 trillion.
Topics: EchoStar IPO speculation options trading SpaceX