u/kdtrey09 ·
Reddit — r/ValueInvesting
· April 15, 2026 at 02:29
· ⬆ 15 pts
· 💬 5 comments
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AI Summary
Summary
The post highlights news that Amazon is acquiring Globalstar's low-Earth orbit (LEO) satellite network for $11.57 billion.
The deal includes an ongoing partnership with Apple to support and develop satellite services for iPhones and Apple Watches.
Quality assessment: News sharing with brief speculation; lacks deep fundamental due diligence but highlights a major strategic M&A catalyst.
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Comments5
Upvote %86%
▶ Full Post Text
“Amazon has made a deal to buy Globalstar's low-Earth orbit satellite network for $11.57 billion, snapping up its spectrum licenses, operations, and assets to combine with its upcoming Leo internet satellite constellation. Apple owned 20 percent of Globalstar, and as a part of the deal, Amazon will continue to support satellite services like Emergency SOS for iPhones and Apple Watches, and develop future services that connect them to its Leo satellite network. The deal is currently scheduled to close in 2027, pending approval by regulators.”
Amzn to the moon?
Amazon is acquiring Globalstar for $11.57B to integrate its spectrum and assets into Amazon's upcoming LEO internet satellite constellation. This acquisition not only accelerates Amazon's satellite internet ambitions but also secures Apple as a major partner/customer for future connectivity services, creating a massive new growth vector. The strategic buyout and Apple partnership are highly bullish catalysts that could send Amazon stock "to the moon." The deal is pending regulatory approval and is not scheduled to close until 2027; regulators could block or alter the terms.