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Amazon to buy Globalstar for $11.57 billion to challenge Starlink

businesssciencespace 17 posts · 13 accounts

Amazon agreed to buy Globalstar for $11.57 billion to add spectrum and direct-to-device capabilities to Amazon Leo ahead of a planned 2028 rollout, intensifying its challenge to Starlink.

From the sources (17 posts)

@wsj

Amazon is buying satellite operator Globalstar in a deal the companies estimated at about $10.8 billion, snapping up the biggest rival to Elon Musk’s Starlink service.

@stocksavvyshay

$AMZN just crossed $250 after adding more than $100B in market value today. That means the market more than paid for its $GSAT $12B deal and is effectively treating the move to turn Project Leo into a broader connectivity moat as free and

@reuters

Amazon said it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it tries to catch up with Elon Musk's Starlink

@yahoofinance

$AMZN is trading higher after announcing an $11.6 billion acquisition of Starlink competitor Globalstar. 📈 The deal aims to enhance the e-commerce giant's satellite internet capabilities.

@amitisinvesting

$AMZN Amazon $250 has to feel amazing for so many of us…I think like 80% of FinX is long this name and I can’t imagine anyone being a bagholder on it anymore 😆 - AWS accelerating for the first time since 2022 - 15% Anthropic Stake - $20B

@reuters

Amazon to buy satellite firm Globalstar in $11.57 billion deal to take on Musk's Starlink

@business

Amazon’s $11.6 billion deal to buy Globalstar ramps up competition with Elon Musk’s Starlink in satellite communications, a market predicted to double to $200 billion in the coming years

@reutersbiz

WATCH: Amazon said it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it tries to catch up with Elon Musk's Starlink

@exec_sum

BREAKING: Amazon will acquire satellite operator Globalstar in an $11.6B cash deal in an effort to compete with Musk's SpaceX

@stockmktnewz

Amazon $AMZN stock is now up 5% so far today 🟢🟢🟢🟢🟢

@stocksavvyshay

RT @StockSavvyShay: $AMZN ~$12B deal for $GSAT would take Project Kuiper beyond broadband giving Amazon licensed spectrum & a D2D path with…

@stockmktnewz

Amazon's $AMZN buying of Globalstar $GSAT today is the 2nd largest acquisition in its history

@vestexchange

A $11.6B Globalstar deal, an $AAPL satellite partnership, and Jassy disclosing a $15B AWS AI run rate are in focus while $AMZN is up around 4% on the session. AWS AI at $15B and custom chips above $20B annualized for $AMZN, with streams sp

@briansozzi

RT @YahooFinance: Amazon will acquire Starlink competitor Globalstar for $11.57 billion. Sevens Report Research founder @TomEssaye on the…

@business

Amazon’s takeover of Globalstar is poised to benefit one of the company’s biggest rivals in hardware devices: Apple

@howardlindzon

Have to be in the market to get lucky once in a while Been a good run this year with the @stocktwits community

@rtodi

Starlink just got some serious competition. Amazon is buying **Globalstar** for **$11.57 billion** to turbocharge its **Amazon Leo** satellite internet network. The deal brings spectrum, satellites, and direct-to-device tech — meaning fut

Preview built on a synthetic news corpus (16 weeks, Apr–Jul 2026). Impact calls are model reads, not price data.

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