Amazon takes aim at Elon Musk’s Starlink with $11.6 billion satellite deal
Amazon.com Inc. has agreed to acquire satellite operator Globalstar Inc. for approximately $11.6 billion, a move designed to expand its satellite services and compete with Elon Musk's Starlink. This deal, expected to close in 2027, will see Amazon enter the direct-to-device (D2D) market in 2028 and integrate Apple's emergency messaging service into its renamed broadband satellite network, Amazon Leo. The acquisition aims to provide faster, more reliable service in remote areas, bolstering Amazon's efforts to catch up in the booming satellite broadband industry.
https://www.latimes.com/business/story/2026-04-14/amazon-takes-aim-at-elon-musks-starlink-with-11-6-billion-satellite-deal