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115.7 Billion USD! Amazon Declares Acquisition of Satellite Firm Globalstar, Taking on Musk’s Starlink
5 day ago /
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Author：小编
On April 14, 2026, Amazon made a significant announcement: it would acquire satellite operator Globalstar at a price of 90 USD per share, with the total transaction value reaching approximately 11.57 billion USD. This strategic move is aimed at bolstering Amazon's satellite business and closing the gap with SpaceX's Starlink. The acquisition encompasses Globalstar's satellites, infrastructure, and spectrum licenses. It is anticipated to be finalized by 2027, contingent upon regulatory approval and Globalstar's achievement of specific deployment milestones. The two companies will collaborate to construct a direct-to-terminal satellite communication system, with deployment slated for 2028.
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