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Added to YB: 2026-06-08

Pitch date: 2026-06-05

SATS [bearish]

EchoStar Corporation

Author Info

Company Info

EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East.

Market Cap

$33.7B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

28.05

P/E

-2.32

EV/Sales

4.15

Sector

Media

Category

special_situation

Show full summary:
A short play on SpaceX via Echostar (SATS)

SATS (short): Short EchoStar as a SpaceX IPO proxy. SpaceX lists 6/12 at $1.75T (largest IPO ever, $75bn, ~4.3% float, staggered lockup). SATS = SOTP w/ ~2.2% SpaceX stake + $10bn net cash. Thesis: IPO proxies (Fiat/Ferrari, VW/Porsche) sell off post-listing once direct shares trade. Accumulate short into 6/12.

Read full article (3 min)