Story perspectives

Amazon to Acquire Globalstar for $11.57 Billion to Compete with Starlink

4/14/2026

Summary

Story summary

Amazon.com, Inc. will acquire Globalstar, Inc. for $11.57 billion to bolster Amazon Leo and compete with SpaceX's Starlink.
The deal grants access to Globalstar's around two dozen satellites and mobile spectrum, with Globalstar shareholders receiving $90 cash or 0.3210 Amazon.com, Inc. shares.
The transaction is expected to close in 2027, subject to regulatory approvals, with Amazon also assuming Globalstar's agreements with Apple Inc., including iPhone and Apple Watch emergency features.

1 of 1

Story summary

Amazon.com, Inc. will acquire Globalstar, Inc. for $11.57 billion to bolster Amazon Leo and compete with SpaceX's Starlink.
The deal grants access to Globalstar's around two dozen satellites and mobile spectrum, with Globalstar shareholders receiving $90 cash or 0.3210 Amazon.com, Inc. shares.
The transaction is expected to close in 2027, subject to regulatory approvals, with Amazon also assuming Globalstar's agreements with Apple Inc., including iPhone and Apple Watch emergency features.