Amazon.com Inc

AMZN: XNAS (USA)

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Amazon: Firm Officially Acquiring Globalstar at an Eye-Popping Multiple

Dan Romanoff

Apr 14, 2026

After reports of this potential deal began circulating on April 1, Amazon formally announced its acquisition of Globalstar, a provider of low Earth orbit satellite connectivity services, for $11.6 billion. The deal must be approved by the Federal Communications Commission.

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Amazon.com Inc

Amazon: Firm Officially Acquiring Globalstar at an Eye-Popping Multiple

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