Amazon.com Inc. is in advanced discussions to acquire satellite operator Globalstar Inc.
Sources familiar with the matter indicate a potential announcement as soon as April 14, 2026. The move positions Amazon to compete directly with Elon Musk’s dominant SpaceX Starlink service.
Globalstar’s stock price increased nearly fourfold over the past year. The company currently holds a market valuation of approximately $9.4 billion.
Apple’s current partnership with Globalstar adds complexity to the deal. Finalizing the acquisition may require direct negotiations between Amazon and Apple.