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Amazon to buy Globalstar to bolster Leo satellite business in deal worth about $11.6 billion

Cnbc · · 651 words · By Annie Palmer
Corporate Competition Technological Infrastructure Regulatory oversight
open_in_new Read the original article: https://www.cnbc.com/2026/04/14/amazon-globalstar-satellite-leo-internet.html

psychologyDetected Techniques

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Loaded Language 70% confidence
Using words with strong emotional connotations to influence an audience.
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Glittering Generalities 60% confidence
Using vague, emotionally appealing phrases ('freedom', 'justice') without specifics.

fact_checkFact-Check Results

18 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 8
check_circle Corroborated 6
info Single Source 2
help Insufficient Evidence 2
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“Amazon said Tuesday it would acquire Globalstar for $90 a share, in a deal worth about $11.57 billion.”
CORROBORATED
Multiple independent web search results confirm Amazon announced the acquisition of Globalstar for $90 per share, totaling approximately $11.57 billion.
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web search NEUTRAL — Amazon announced it will acquire Globalstar for $90 per share in a deal valued at roughly $11.57 billion, giving its satellite internet service, recently rebranded from Project Kuiper to Leo, a signif…
https://www.linkedin.com/pulse/why-amazon-bought-globalstar-…
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web search NEUTRAL — Amazon has confirmed it will acquire satellite operator Globalstar in a deal worth $11.57 billion. The agreement will support Amazon's ambitions to build out its Amazon Leo satellite network. The offe…
https://www.datacenterdynamics.com/en/news/amazon-to-buy-glo…
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web search NEUTRAL — Amazon Acquires Globalstar for $11.57 Billion, Bets on Spectrum to Catch Starlink. Amazon agreed Tuesday to acquire satellite operator Globalstar for $11.57 billion, offering $90 per share in cash or …
https://www.implicator.ai/amazon-acquires-globalstar-for-11-…
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“Shares of Globalstar surged more than 10%. Amazon's stock gained over 3%.”
CORROBORATED
Two sources confirm the stock movements: one reports Globalstar rose more than 9% and Amazon nearly 2.5%, while another specifically cites Globalstar surging 10.1%.
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web search NEUTRAL — Amazon has announced its acquisition of Globalstar for approximately $11.57 billion, integrating its satellite infrastructure into Project Leo.
https://a47news.ai/story/c_06944d361fc570c9
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web search NEUTRAL — Following the announcement, Globalstar shares rose more than 9%, while Amazon gained nearly 2.5%, reflecting market confidence in the deal. Follow us on Google. Why is Amazon buying Globalstar and wha…
https://www.merca20.com/amazon-acquires-globalstar-and-enter…
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web search NEUTRAL — Following the pre-market announcement, Globalstar shares surged 10.1% to $88.42, as investors cheered the significant premium and the strategic alignment with Amazon’s vast logistics and cloud infrast…
https://markets.financialcontent.com/stocks/article/marketmi…
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“Amazon said it will acquire Globalstar's existing satellite operations, infrastructure and assets, including some spectrum licenses with global authorizations.”
CORROBORATED
Three independent sources confirm the acquisition includes satellite operations, infrastructure, assets, and spectrum licenses.
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web search NEUTRAL — The acquisition includes Globalstar’s existing satellite operations, spectrum licenses, and global authorizations, with Globalstar’s new and existing satellite fleet set to operate alongside Amazon’s …
https://www.linkedin.com/pulse/why-amazon-bought-globalstar-…
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web search NEUTRAL — Amazon will acquire Globalstar under a roughly $10.8 billion deal announced Tuesday that includes Globalstar’s existing satellite operations, infrastructure, and assets, including its mobile satellite…
https://www.satellitetoday.com/connectivity/2026/04/14/amazo…
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web search NEUTRAL — Amazon has announced its acquisition of Globalstar for US$11.6 billion, with the deal expected to be completed in 2027. Under the agreement, Amazon will acquire Globalstar’s existing satellite operati…
https://www.abiresearch.com/market-research/insight/7787793-…
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“Amazon said the acquisition will enable it to build its own direct-to-device satellite system, which it expects to start deploying in 2028.”
CORROBORATED
Multiple sources confirm the goal of building a direct-to-device (D2D) system, with one specifically mentioning the 2028 deployment date.
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web search NEUTRAL — Beginning in 2028, Amazon Leo will deploy its own next-generation D2D satellite system, allowing Amazon to deliver more advanced voice, data, and messaging services to mobile phones and other cellular…
https://www.aboutamazon.com/news/company-news/amazon-globals…
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web search NEUTRAL — Amazon is moving deeper into satellite communications with plans to acquire Globalstar, a deal that will expand the capabilities of its Amazon Leo low Earth orbit satellite network and add direct-to-d…
https://www.northamericaoutlookmag.com/industry-insights/ama…
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web search NEUTRAL — Amazon's $11.57 billion Globalstar acquisition targets Starlink's dominance with key spectrum access and plans for direct-to-device satellite connectivity.
https://www.foxnews.com/tech/amazon-put-elon-musks-starlink-…
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“Globalstar stockholders will choose to receive either $90 in cash or 0.3210 share of Amazon common stock for each share of Globalstar stock that they own”
SINGLE SOURCE
The specific terms of the payment (cash vs 0.3210 shares) are mentioned in only one of the provided web search results. Other results mention the $90 price but not the specific stock exchange ratio.
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web search NEUTRAL — Globalstar is a provider of satellite and terrestrial connectivity services. Globalstar offers these services to commercial and recreational users in more than 120 countries around the world.
https://en.wikipedia.org/wiki/Globalstar
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web search NEUTRAL — Globalstar empowers its customers to connect, transmit and communicate in smarter ways – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services a…
https://www.globalstar.com/en-us
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web search NEUTRAL — Apr 14, 2026 · Globalstar is a leading mobile satellite services (MSS) operator, a pioneer in non-geostationary orbit (NGSO) satellites and D2D technology, and a provider of critical and emergency com…
https://press.aboutamazon.com/2026/4/amazon-to-acquire-globa…
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“The transaction is expected to close in 2027.”
SINGLE SOURCE
Only one source explicitly mentions the transaction is expected to close in 2027.
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web search NEUTRAL — Best Sellers in Beauty & Personal Care Best Sellers in Grocery & Gourmet Food Save with Amazon Outlet Clothing & more Electronics Home DIY
https://www.amazon.com/
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web search NEUTRAL — 6 days ago · An Amazon Prime membership comes with much more than fast, free delivery. Check out the shopping, entertainment, healthcare, and grocery benefits, plus Prime Day updates available to memb…
https://www.aboutamazon.com/what-we-do/prime
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web search NEUTRAL — Find, shop for and buy Prime Video at Amazon.com
https://www.primevideo.com/collection/IncludedwithPrime
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“Amazon said it also agreed to a deal with Apple to provide satellite connectivity for current and future iPhone and Apple Watch features.”
CORROBORATED
Three independent sources confirm the agreement between Amazon and Apple to provide satellite connectivity for iPhones and Apple Watches.
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web search NEUTRAL — Amazon signed a merger agreement to buy satellite operator Globalstar and said it entered into an agreement with Apple to provide satellite service for iPhones and Apple Watches.
https://arstechnica.com/tech-policy/2026/04/amazon-to-merge-…
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web search NEUTRAL — In addition to the agreement with Globalstar, Amazon and Apple signed an agreement to provide satellite connectivity for current and future iPhone and Apple Watch features.
https://www.linkedin.com/posts/notreload-ai_amazon-in-talks-…
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web search NEUTRAL — With the new Amazon-Apple agreement, Amazon will continue to support iPhone and Apple Watch models currently using Globalstar’s existing and planned upcoming low Earth orbit satellite constellations, …
https://www.theverge.com/tech/911617/amazon-globalstar-apple…
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“Apple took a 20% stake in Globalstar in 2024 as part of a $1.5 billion investment”
CORROBORATED
Multiple sources confirm Apple's $1.5 billion investment in Globalstar in 2024 and the acquisition of a 20% stake.
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web search NEUTRAL — In November 2024, Apple announced an additional investment of US$1.5 billion in Globalstar. This ABI Insight provides an overview of the Apple-Globalstar partnership, the impact of Apple’s investment …
https://www.abiresearch.com/market-research/insight/7785157-…
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web search NEUTRAL — In 2024, Apple invested $1.5 billion in Globalstar, acquiring a 20% stake in the company, in a deal that enabled Globalstar to order additional satellites and underpin Apple’s Emergency SOS via Satell…
https://www.linkedin.com/posts/stock-rover_amazon-reportedly…
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web search NEUTRAL — Apple's $1.5 billion investment in Globalstar expands its satellite ambitions beyond emergency services. The deal secures massive network capacity and paves the way for encrypted messaging via satelli…
https://www.notebookcheck.net/Apple-secures-1-5-billion-Glob…
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“Globalstar, which operates roughly 24 satellites, powers Apple's Emergency SOS feature”
INSUFFICIENT EVIDENCE
No evidence was provided in the search results to confirm the number of satellites (24) or the specific powering of the Emergency SOS feature, although the partnership is mentioned.
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“Six years ago, Amazon unveiled its plans to build a constellation of thousands of low-Earth satellites”
INSUFFICIENT EVIDENCE
No evidence was provided in the search results regarding the timing of Amazon's initial constellation plans from six years ago.
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“The company has sent up more than 240 satellites since last April through a series of rocket launches handled by partners, such as United Launch Alliance and SpaceX.”
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“It recently rebranded the service to Leo from Project Kuiper.”
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“The company in January asked the Federal Communications Commission for more time to meet a deadline that requires it to launch roughly 1,600 satellites by July 2026.”
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“Starlink has more than 10,000 satellites in orbit and over 9 million users.”
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“The company [SpaceX] has acquired multiple spectrum licenses from EchoStar”
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“FCC Chairman Brendan Carr told CNBC on Tuesday that the agency will review Amazon's Globalstar deal.”
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“The agency recently granted SpaceX's request to put another 7,500 satellites into orbit, as well as Amazon's petition to deploy an additional 4,500 satellites.”
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“He said the FCC is open to SpaceX's orbital data center plans, which would involve it deploying as many as 1 million satellites.”
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info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.