ConnectM's Blue Cloud stake value rises to $40.6M after $150M SpaceX contract

ConnectM Technology Solutions, Inc.

Blue Cloud signed 18-month, $150M minimum-commitment SOW with SpaceX International Ltd. (AI infra $70M, cybersecurity $25M, telecom $25M, data center $30M).
ConnectM's 160M Blue Cloud shares value rose from ~$30.4M (June 2) to ~$40.6M (Aug 11) as share price hit ₹24.21 (+31% from ₹18.50).
Shares subject to 6-month lock-up until ~Feb 2027; carrying value under GAAP may differ from illustrative figure.
ConnectM holds ~17.3% post-issue stake; does not control Blue Cloud and did not verify its disclosures.

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