EchoStar
The Musk Multiplier: EchoStar Shares Roiled by Rumors of a SpaceX-xAI Super-Merger
EchoStar Corporation (NASDAQ: SATS) experienced a dramatic surge in stock volatility this week, culminating in a sharp double-digit decline on January 29, 2026. The turbulence follows reports that SpaceX is in advanced negotiations to merge with xAI, Elon Musk’s artificial intelligence venture, in a deal that could create a