Amazon Buying Globalstar at $11.57B Valuation, a 23.5% Premium, Will Operate It Alongside Amazon Leo; Apple on Board
By securing Apple as a cornerstone partner, Amazon is officially launching a high-stakes challenge to Starlink’s orbital supremacy. The merger integrates Globalstar’s established spectrum with the “Amazon Leo” infrastructure to bring seamless, high-speed direct-to-device connectivity to the global market by 2028.