Trending Now - Amazon Poised to Acquire Globalstar in Satellite Expansion

WHO:

Bloomberg - Amazon.com Inc. is involved in the acquisition talks.

Bloomberg - Globalstar Inc. is the satellite operator being acquired.

WHAT:

Bloomberg - Amazon is in advanced talks to acquire Globalstar.

Bloomberg - The deal could be announced as soon as April 19th, 2026.

Bloomberg - Globalstar's stock (GSAT) jumped over 15% in pre-market trading.

WHEN:

Bloomberg - The potential announcement of the acquisition is expected on April 19th, 2026.

WHY:

Bloomberg - The acquisition would boost Amazon's efforts to build its own satellite operation and compete with Musk’s Starlink.

HOW:

Bloomberg - The talks are described as advanced, indicating significant progress in negotiations.

(UPDATED April 14, 2026 11:20 UTC)

Amazon is in advanced talks to acquire Globalstar, the satellite operator, with a potential announcement expected April 19th. Following news of the acquisition discussions, Globalstar's stock jumped over 15% in pre-market trading. This move is seen as a strategic effort by Amazon to enhance its satellite operations and compete with Musk’s Starlink.