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Amazon acquires Globalstar for $11.6 billion to compete with SpaceX's Starlink in satellite-based connectivity

Yahoo Finance AIApr 15, 20261 min read
Amazon acquires Globalstar for $11.6 billion to compete with SpaceX's Starlink in satellite-based connectivity

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3 Key Points

  1. Amazon agreed to purchase satellite operator Globalstar for US$11.6 billion to establish direct-to-device satellite connectivity services

  2. The acquisition includes Globalstar's existing satellites, spectrum rights, and commercial partnerships to challenge SpaceX's Starlink dominance

  3. This expansion marks Amazon's strategic move beyond e-commerce and AWS cloud services into space-based communications infrastructure

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