Amazon.com said on Tuesday it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it looks to take on bigger rival SpaceX’s Starlink.
Amazon.com said on Tuesday it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it looks to take on bigger rival SpaceX’s Starlink.
Shares of satellite company Globalstar were up more than 9% in prema… [1514 chars]
Source: Newsmax | Published: 2026-04-14T12:40:03Z
Credit: Newsmax
