Episode Details
Back to EpisodesAmazon Buys Globalstar for $11.5B, Boosts Satellite Game
Published 5 days, 11 hours ago
Description
Amazons acquisition of Globalstar for $11.5 billion bolsters its Project Kuiper, now Amazon Leo, against SpaceXs Starlink. Globalstar shareholders can choose between $90 in cash or 0.3210 shares of Amazon stock. The deal gives Amazon access to Globalstars voice, data, and tracking services for various markets.
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