EchoStar Corp. shares surged as much as 50% on 16 June after Bloomberg reported that President Donald Trump personally urged the satellite operator and the chair of the Federal Communications Commission to resolve a long-running dispute over valuable 2 GHz spectrum licenses. The stock was already up 42.9% in pre-market trading before extending gains once the report circulated. EchoStar has fought to retain exclusive rights to the spectrum, which the FCC has considered reassigning for alternative uses. An outgoing Republican commissioner publicly criticized the agency’s plan to strip the company of the frequencies, intensifying pressure on regulators ahead of Trump’s intervention. A settlement would clarify EchoStar’s ability to deploy next-generation satellite services and could influence competitors that have eyed the same band, including SpaceX’s Starlink and AST SpaceMobile. The rally underscores investor expectations that presidential involvement could accelerate a deal and unlock new growth opportunities in the increasingly competitive satellite-broadband market.