On June 29, EchoStar rose 5.17% in regular trading, trading at $100.71/share, with turnover of $83.27 million. The stock was boosted by news that Rocket Lab announced a definitive agreement to acquire EchoStar at a premium valuation.

Under the terms of the transaction, EchoStar shareholders will receive $27 in cash plus Rocket Lab stock, totaling $54 per share, representing a 24.1% premium to the previous trading day's closing price. The deal grants Rocket Lab access to EchoStar's licensed spectrum assets and 2.5 million subscribers. The acquisition will combine Rocket Lab's launch vehicle and satellite manufacturing capabilities with EchoStar's global L-band satellite network, creating an end-to-end platform spanning from rockets to satellite communications infrastructure.

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