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SpaceX looks poised to pay rival Hughesnet a commission that works out to two months of service revenue for each customer it converts to Starlink, according to new regulatory filings.
This “fee-based referral program” was first revealed in November after Hughesnet’s parent company, EchoStar, reached a nearly $20 billion spectrum deal with SpaceX to essentially become partners. In a Monday financial filing, EchoStar revealed more details.
SpaceX will compensate EchoStar with two…
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SpaceX looks poised to pay rival Hughesnet a commission that works out to two months of service revenue for each customer it converts to Starlink, according to new regulatory filings.
This “fee-based referral program” was first revealed in November after Hughesnet’s parent company, EchoStar, reached a nearly $20 billion spectrum deal with SpaceX to essentially become partners. In a Monday financial filing, EchoStar revealed more details.
SpaceX will compensate EchoStar with two…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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