Business & Finance Amazon to buy Globalstar to bolster Leo satellite business in deal worth about $11.5 billion
Amazon said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk's SpaceX.
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· April 14, 2026 · 1 min read
This article was originally published by
CNBC Top News
and is republished here under license.
Amazon said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk’s SpaceX.
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