Bloomberg Technology

Amazon to Buy Globalstar for $11.6 Billion

Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg’s Michelle Davis reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch…

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Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg’s Michelle Davis reports.
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6 Comments

  1. @vanessaland5090

    April 14, 2026 at 12:19 pm

    Can someone get that bro to work on his ums, ahs, you know. It’s makes up more than half of what comes out of his mouth. It’s very annoying and unprofessional, especially for media. It even affects the guests who then start doing it too.

  2. @jab16399

    April 14, 2026 at 12:38 pm

    Satcomm is way outside Amazon’s core competence. Why?

  3. @Ronaldo_umut0173

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  5. @enescan_elc

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  6. @J19118

    April 14, 2026 at 2:01 pm

    Stock price will eventually go back down from all their spending or am i wrong?

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