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STMicroelectronics shares gain on reported SpaceX production agreement - BI

Nov. 25, 2020 12:34 PM ETSTMicroelectronics N.V. (STM) StockSTMBy: Brandy Betz, SA News Editor
  • A Business Insider source says SpaceX signed an agreement with STMicroelectronics (NYSE:STM) a few years ago to manufacture terminals for the Starlink satellite internet constellation.
  • The original production agreement included 1M terminals at a price of about $2,400 each.
  • Production

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