tech
April 17, 2026
Amazon Buys Globalstar for $11.57 Billion to Dethrone Elon Musk's Starlink
Tech giants are investing billions of dollars to capture the lucrative space connectivity market, and the announcement...
TL;DR
- Tech giants are investing billions in the space connectivity market.
- Amazon plans to acquire Globalstar for $11.57 billion.
- This move is seen as a direct challenge to Elon Musk's Starlink.
- The acquisition aims to capture a share of the lucrative space connectivity market.