<div id="readability-page-1"><div> <h2>Key Points</h2><ul><li>And not just any peer company, but the current titan of the commercial space industry.</li><li>10 stocks we like better than EchoStar ›</li></ul>Although EchoStar (NASDAQ: SATS) wasn't exactly a stock market star on Wednesday, it did quite well on the market. Investors bid it up by 3% that day, thanks to news from a company the satellite specialist has had plenty of dealings with over the years.<h2>Taking off like a...</h2>That company has significant star power all on its own. It's the Elon Musk-led SpaceX, which has been closely scrutinized lately as it's expected to launch an initial public offering (IPO) very soon.Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. Continue »<img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2Mzc1NS9hLXJvY2tldC1pbi10aGUtcHJvY2Vzcy1vZi1sYXVuY2hpbmcuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="700" height="486" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2Mzc1NS9hLXJvY2tldC1pbi10aGUtcHJvY2Vzcy1vZi1sYXVuY2hpbmcuanBnJnc9NzAw"/>Image source: Getty Images. Sure enough, Wednesday morning, Bloomberg published an article stating that SpaceX had filed confidentially with the Securities and Exchange Commission (SEC) for an IPO. Citing unidentified &#34;people familiar with the matter,&#34; thefinancial newsagency added that this makes it likely the IPO will occur in June. Musk and his team often like to conduct business in spectacular fashion. So it's entirely in character that this IPO will be, if not ultimately the largest in history, one that really tips the scales. According to Bloomberg's sources, SpaceX's valuation could top $1.75 trillion.SpaceX has not officially commented on the report, nor has the SEC.<h2>The power of partnership</h2>EchoStar and SpaceX made headlines last year when the satellite specialist sold its wireless spectrum assets to the space company. Outside of that, the two are regular business partners, with SpaceX hauling EchoStar's satellites into the void. So any IPO that injects a planetary amount of cash into SpaceX is sure to benefit that company's business partners, and EchoStar is among the most important of those entities. Investors are right to be excited about the continued, rocket-like rise of the space giant.<h2>Should you buy stock in EchoStar right now?</h2> Before you buy stock in EchoStar, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and EchoStar wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $518,530!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,069,165!* Now, it’s worth noting Stock Advisor’s total average return is 915% — a market-crushing outperformance compared to 183% for the S&amp;P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of April 1, 2026. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. </div></div>

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EchoStar's stock rose by 3% following news that SpaceX, a key partner, has confidentially filed for an IPO with the SEC, potentially valued at $1.75 trillion. This development is expected to benefit EchoStar, which has collaborated with SpaceX in the past, including selling wireless spectrum assets. Despite the positive market reaction, analysts from The Motley Fool Stock Advisor suggest considering other stocks over EchoStar for investment opportunities.

Why EchoStar Stock Zoomed 3% Higher Today