Amazon agrees to pay $11.57B for Globalstar, or $90/share in cash or Amazon stock, assuming Globalstar meets certain HIBLEO-4 replacement satellite milestones
Amazon.com (AMZN.O) said on Tuesday it would acquire Globalstar (GSAT.O) in an $11.57 billion deal, bolstering its fledgling satellite business …
Reuters
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Discussion
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Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Musk's Starlink
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Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Musk's Starlink
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I'm happy to see Amazon investing in Leo (Project Kuiper) to compete with SpaceX's Starlink right before SpaceX's IPO. — bsky.app/profile/tech... [embedded post]
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Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Starlink
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Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Musk's Starlink