XM Satellite Radio Announces Public Offering

XM Satellite Radio Holdings Inc. has announced the commencement of an underwritten public offering of 18,000,000 shares of its Class A Common Stock, including the offering of 7,000,000 shares by the Company representing new financing, and 11,000,000 shares by certain selling shareholders.

By Space Daily Editorial Team · Editorial process

Published January 18, 2004 · Updated March 18, 2026

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such State.

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Space Daily Editorial Team

The Space Daily Editorial Team produces content across our two editorial pillars: space industry news and Mind & Meaning. We cover launches, missions, satellites, defense, and the technology of getting humans to space, alongside the psychology of ambition, isolation, and meaning under extremes. Articles reflect our team's collective editorial process, source verification, drafting, technical review, and editing, rather than a single writer's work. Space Daily takes editorial responsibility for content under this byline. For more on how we work, see our editorial policy.