Amazon's potential acquisition of Globalstar to boost Project Kuiper faces complexity due to Apple's 20% stake and existing iPhone satellite features.

Amazon is in advanced talks to acquire satellite operator Globalstar to support its Project Kuiper low Earth orbit broadband initiative

Apple holds a 20% ownership stake in Globalstar and currently uses its satellites for iPhone emergency features, complicating any deal

The acquisition would strengthen Amazon's competitive position in satellite-based internet connectivity

Amazon shares trading at $209.77 as investors assess the strategic implications of the potential transaction