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Reportedly, Amazon Nears Acquisition of Satellite Operator Globalstar, Sending Its Stock Soaring Over 17% in Pre-Market Trading
5 day ago /
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Author：小编
On April 14, 2026, the pre-market stock price of satellite operator Globalstar (GSAT.US) witnessed a meteoric rise, surging over 17% to hit $85.51. According to reports, Amazon is deep in advanced negotiations to acquire Globalstar, with the announcement of the deal potentially coming as early as that very day. Globalstar's satellite network, though smaller in scale compared to Starlink's, is primarily tailored to serve devices like mobile phones in regions with poor signal coverage, ensuring seamless network connectivity.
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