EchoStar rises on report SpaceX in talks to buy Boost Mobile or tap its network

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• Sources: SpaceX is in talks with EchoStar to acquire Boost Mobile or access its network, after Verizon, T-Mobile, and AT&T rebuffed requests for network access (Washington Post)

  Elon Musk's pursuit of wireless capabilities has led to active negotiations with EchoStar after major industry carriers declined to partner with his aerospace venture. Securing a deal for Boost Mobile or its underlying infrastructure would fulfill a years-long strategic goal for the executive. The talks represent a critical alternative path following widespread resistance from established mobile operators.

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• Marvell agrees to acquire optical components maker Lumentum in a $115B deal, as it seeks to rival Broadcom; Nvidia invested $2B in both Marvell and Lumentum (Anhata Rooprai/Reuters)

  The mega-transaction is aimed at transforming the optical and semiconductor landscape by strengthening competitive positioning against Broadcom. Massive financial backing is further reinforcing this industry consolidation through substantial capital injections from Nvidia into the participating firms. This aggressive push marks a major structural shift intended to expand market reach and integrated optical component capabilities.

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• In the hunt for $1 trillion of revenue, SpaceX reportedly targets Boost Mobile for a deal

  The aerospace firm is exploring prospective acquisitions to expand its footprint within the cellular market. Pursuing a transaction with a wireless carrier aligns with the company's long-term strategy to eventually achieve $1 trillion in revenue. This interest surfaces during a period of heightened speculation regarding its broader commercial telecommunications ambitions.

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