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SpaceX Deal Lines Up $3 Billion in Tax Savings for EchoStar CEO

Summary by Bloomberg
A splashy deal with SpaceX has helped send shares of telecommunications company EchoStar Corp. soaring more than 375% since early August, boosting the net worth of co-founder Charlie Ergen to $20.1 billion.

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SpaceX Deal Lines Up $3 Billion in Tax Savings for EchoStar CEO

A splashy deal with SpaceX has helped send shares of telecommunications company EchoStar Corp. soaring more than 375% since early August, boosting the net worth of co-founder Charlie Ergen to $20.1 billion.

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Bloomberg broke the news in United States on Monday, April 13, 2026.
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