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Amazon Globalstar Talks

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Amazon Globalstar Talks

B
Benzinga

56 Views • Apr 02, 2026

Description

Globalstar shares surged 15%+ after reports of Amazon acquisition talks, with deal complexity tied to Apple's 20% stake from a $1.5B 2024 investment. A deal could bolster Amazon's Kuiper satellite internet service, which is racing against SpaceX's Starlink — now with 10,000+ satellites and 9M+ users.