Amazon Eyes $9B Globalstar Deal to Challenge Starlink

Amazon is reportedly in talks to acquire satellite communications firm Globalstar in a deal valued at around $9 billion, as it accelerates efforts to compete in the low-Earth-orbit satellite market.

Globalstar, which provides voice, data and asset-tracking services through its satellite network, has seen its market value rise sharply over the past year. The potential acquisition would strengthen Amazon’s position in space-based connectivity as it expands its satellite initiative, known as Project Kuiper.

A key complication in the negotiations is Apple’s roughly 20% stake in Globalstar, requiring coordination between Amazon and Apple as part of any potential agreement.

The move is widely seen as a strategic push to rival Starlink, operated by SpaceX. Starlink currently leads the market with thousands of satellites in orbit and millions of global users.

Amazon has launched hundreds of satellites so far under its own program and aims to scale rapidly to serve enterprise, government and consumer markets. The company is seeking to close the gap with SpaceX as demand for global satellite internet and connectivity services continues to grow.

Discussions are ongoing, and no final agreement has been confirmed.