Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Musk’s Starlink
April 14, 2026, 8:20 a.m. ET Amazon.com said on Tuesday it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it looks to take on bigger rival SpaceX’s Starlink. Shares of satellite company Globalstar were up more than 9% in premarket trading, after gaining over 6% in the past two weeks following media reports of the companies’



















