The SpaceX IPO Put a Spotlight on Starlink -- and on the One Public Company Building a Rival Direct-to-Phone Network PR Newswir

gurufocus.com - 2026-06-27 09:00:00

GSAT is advancing its LEO network with the HIBLEO-4 replenishment mission to bolster satellite resilience and support reliable global connectivity.

zacks.com - 2026-06-22 09:51:10

While Starlink soaks up every space headline, two publicly traded satellite operators have quietly turned niche networks into real businesses.

247wallst.com - 2026-06-06 08:44:35

Prediction market traders on Polymarket now assign a 92% probability that SpaceX completes its IPO by June 30, 2026, with a $1.5 trillion-plus valuation in play.

247wallst.com - 2026-05-18 09:28:12

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that the planned May 17 launch of its HIBLEO-4 replenishment satellites with SpaceX has been postponed to allow more time for Globalstar teams to prepare the satellites for launch. A new launch date will be shared once confirmed. The mission remains focused on replenishing Globalstar's existing low Earth orbit constellation in support of contin.

businesswire.com - 2026-05-15 17:15:00

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that Globalstar's HIBLEO-4 replenishment satellites will launch on a SpaceX Falcon 9 rocket on Sunday, May 17 during a 14-minute window that opens at 8:50 a.m. ET, from Cape Canaveral Space Force Station in Florida. The satellites are designed to help replenish Globalstar's existing low Earth orbit constellation, supporting continued network re.

businesswire.com - 2026-05-12 09:16:00

Globalstar (GSAT) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to a loss of $0.1 per share a year ago.

zacks.com - 2026-05-07 20:11:43

COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS.

businesswire.com - 2026-05-07 16:15:00

Amazon will soon add another growth driver that will literally be astronomical.

fool.com - 2026-05-06 04:44:00

Top insights from the latest market news from Monday, April 27, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.

fool.com - 2026-04-27 09:34:51

Globalstar (GSAT 0.17%) is suddenly at the center of a much bigger fight between Amazon and SpaceX. I break down why this reported deal matters, what makes Globalstar so strategic, and why the upside could be real if the story keeps moving in the right direction.

fool.com - 2026-04-21 11:30:00

Top insights from the latest market news from Tuesday, April 21, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.

fool.com - 2026-04-21 09:38:10

Lbp Am Sa purchased a new position in Globalstar, Inc. (NASDAQ: GSAT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 67,806 shares of the company's stock, valued at approximately $4,139,000. Lbp Am Sa owned approximately 0.05% of Globalstar at

defenseworld.net - 2026-04-18 04:05:13

• Amazon.com shares are trending higher. What's pushing AMZN stock higher?

benzinga.com - 2026-04-17 14:33:13

In a rather surprising move, Amazon (NASDAQ:AMZN | AMZN Price Prediction) acquired satellite connectivity play Globalstar (NASDAQ:GSAT), which investors might know best for its dealings with Apple (NASDAQ:AAPL) and the SOS feature on the iPhone.

247wallst.com - 2026-04-17 08:32:11

Amazon's Globalstar acquisition signals a shift toward satellite internet - and orbital compute: the next frontier of AI infrastructure.

investorplace.com - 2026-04-16 00:00:00

Analysts say the deal is a boon for Amazon.

barrons.com - 2026-04-15 14:11:00

GSAT surges after Amazon acquisition, positioning its spectrum and satellite assets at the core of a global direct-to-device connectivity push.

zacks.com - 2026-04-15 12:51:05

Amazon is raking in cash at the box office after sending Ryan Gosling to space with “Project Hail Mary.” Its latest space play could make a real-world satellite business into a winner, too.

marketwatch.com - 2026-04-15 12:34:00

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Globalstar, Inc. (NasdaqGS: GSAT) to Amazon.com, Inc. (NasdaqGS: AMZN). Under the terms of the proposed transaction, shareholders of Globalstar will receive $90.00 in cash or 0.3210 shares of Amazon common stock (with a value capped at $90.00 per share), for each share of Globalstar that they o.

businesswire.com - 2026-04-15 12:06:00

Amazon.com (NASDAQ:AMZN | AMZN Price Prediction) announced it is acquiring satellite company Globalstar (NASDAQ:GSAT) for $11.6 billion, and the market delivered an immediate verdict.

247wallst.com - 2026-04-15 11:12:11

The sell-off makes sense because Amazon's agreement to buy Globalstar introduces a much larger and better-capitalized player into the race to connect smartphones directly through low Earth orbit satellite networks.

benzinga.com - 2026-04-15 11:02:26

The sell-off makes sense because Amazon's agreement to buy Globalstar introduces a much larger and better-capitalized player into the race to connect smartphones directly through low Earth orbit satellite networks.

benzinga.com - 2026-04-15 10:42:36

The sell-off makes sense because Amazon's agreement to buy Globalstar introduces a much larger and better-capitalized player into the race to connect smartphones directly through low Earth orbit satellite networks.

benzinga.com - 2026-04-15 10:35:35

Amazon announces plans to acquire satellite service provider Globalstar in its quest to provide connectivity from space.

cnet.com - 2026-04-15 09:53:54

Jones noted the deal accelerates Amazon Leo's commercialization by adding direct-to-device capabilities and leveraging Globalstar's spectrum and infrastructure.

benzinga.com - 2026-04-15 06:29:57

“Strategically, the deal accelerates Amazon's ability to offer a consumer subscription service as Globalstar has a scaled and operational direct-to-device service,” Boone noted.

benzinga.com - 2026-04-15 06:22:05

Amazon is taking on SpaceX's Starlink in new $11.57 billion satellite partnership with Globalstar. 🛰️

youtube.com - 2026-04-14 20:30:05

With a SpaceX IPO pending, Amazon's Globalstar move spotlights its push to fuse satellite connectivity with AI-powered cloud services, today, April 14, 2026.

fool.com - 2026-04-14 17:24:11

Amazon needs Globalstar's help to take on SpaceX's Starlink. Apple is set to be a major customer.

fool.com - 2026-04-14 17:05:07

Amazon.com's latest acquisition of a satellite operator has helped power a winning streak for the tech giant, as shares of the company rallied for the seventh consecutive day on Tuesday.

marketwatch.com - 2026-04-14 16:42:00

Bloomberg's Caroline Hyde and Ed Ludlow discuss Amazon's plan to buy satellite operator Globalstar in a $11.6 billion deal. Plus, Lucid's New Incoming CEO Silvio Napoli discusses the company's fresh injection of capital and deeper robotaxi push.

youtube.com - 2026-04-14 16:12:25

Amazon.com Inc (NASDAQ:AMZN)'s agreement to acquire Amazon.com Inc.'s satellite partner Globalstar Inc for about $12.5 billion is a strategically “long-duration” move that strengthens its direct-to-device ambitions while requiring no meaningful near-term cash strain, according to Jefferies analysts. In a note following the announcement, Jefferies said it views the deal positively, arguing it accelerates Amazon's roadmap to launch satellite-to-device services by 2028 and enhances its competitive positioning against SpaceX's Starlink.

proactiveinvestors.com - 2026-04-14 16:12:11

Amazon.com, Inc.'s $11.6 billion acquisition of Globalstar highlights surging demand for space-focused telecom, boosting XTL, where GSAT is the largest holding. I maintain a buy rating on the State Street SPDR S&P Telecom ETF, citing pristine momentum, an attractive 19.8x P/E, and a PEG near 1.0 amid a bullish technical setup. XTL's high small-cap exposure (60%) and low yield (0.95%) make it a tactical, growth-oriented telecom play rather than a defensive income vehicle.

seekingalpha.com - 2026-04-14 14:24:00

Amazon (NASDAQ:AMZN | AMZN Price Prediction) stock is up 5% today, rising from $239.89 to $252, after the company announced a blockbuster $11.57 billion acquisition of Globalstar (NASDAQ:GSAT).

247wallst.com - 2026-04-14 14:06:13

The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk's Starlink.

nytimes.com - 2026-04-14 13:41:35

Amazon's $11.6 billion deal to buy Globalstar ​bolsters its space ambitions with satellites and wireless airwaves, but will not fix the crippling shortage of ‌rocket launches needed to build out a network capable of rivaling SpaceX, analysts said.

reuters.com - 2026-04-14 13:36:29

Amazon said it's agreed to buy Globalstar, putting an end to weeks of speculation and sending the Stalink rival's stock up sharply Tuesday.

investopedia.com - 2026-04-14 13:35:50

Tech companies are pouring in billions of dollars to capture the lucrative market for satellite-based connectivity, but it will be a tall order to match Starlink's 10,000-unit-strong network.

nypost.com - 2026-04-14 12:38:34

The satellite connectivity race has shifted into high gear.

247wallst.com - 2026-04-14 12:37:00

MILWAUKEE, April 14, 2026 /PRNewswire/ -- Ademi LLP is investigating Globalstar (NASDAQ: GSAT) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Amazon. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995.

prnewswire.com - 2026-04-14 12:20:00

Amazon plans to expand the capabilities of the Amazon Leo low Earth orbit satellite network by acquiring mobile satellite services operator Globalstar.

pymnts.com - 2026-04-14 12:05:55

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.

youtube.com - 2026-04-14 11:56:53

Amazon.com Inc. (AMZN) is stepping more aggressively into satellite connectivity, agreeing to acquire Globalstar Inc. (GSAT) in a deal valued at roughly $11.6 b

gurufocus.com - 2026-04-14 11:50:00

Amazon's deal for satellite operator Globalstar doesn't just bulk up Amazon Leo — it brings Apple along for the ride, with a long-term agreement to power iPhone and Apple Watch satellite features.

geekwire.com - 2026-04-14 11:21:18

NEW YORK, April 14, 2026 (GLOBE NEWSWIRE) -- Class Action Attorney  Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Globalstar, Inc. (NASDAQ:  GSAT ) related to its sale to Aamzon.com, Inc. Under the terms of the proposed transaction, Globalstar shareholders will receive $90.00 per share in cash or 0.3210 shares of Amazon common stock with a value capped at $90.00 per share. Is it a fair deal?

globenewswire.com - 2026-04-14 10:56:00

Amazon.com Inc (NASDAQ:AMZN) has agreed to acquire Globalstar Inc (NASDAQ:GSAT) in a deal aimed at expanding its satellite telecommunications connectivity, including powering emergency features on Apple Inc (NASDAQ:AAPL) iPhones and Apple Watches. The acquisition will allow Amazon's low Earth orbit network, Amazon Leo, to add services that connect directly to mobile phones, enabling voice, text and data coverage beyond traditional cellular networks.

proactiveinvestors.com - 2026-04-14 10:41:58

Globalstar's stock is heading toward an 18-year high on the back of an Amazon buyout deal, and has quadrupled over the past 12 months.

marketwatch.com - 2026-04-14 10:30:00

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Globalstar, Inc. (NASDAQ: GSAT) to Amazon.com, Inc. for $90.00 in cash or 0.3210 shares of Amazon common stock with a value capped at $90.00 per share.Halper Sadeh encourages Globalstar shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected] investig.

businesswire.com - 2026-04-14 10:22:00

Live Updates The analyst who called NVIDIA in 2010 just named his top 10 AI stocksWall Street is pouring billions into AI, but most investors are buying the wrong stocks. The analyst who first identified NVIDIA as a buy back in 2010 - before its 28,000% run - has just pinpointed 10 new AI companies... Live Nasdaq Composite: Markets Extend Rebound, Oil Slips in Pivot Toward Tech Deals

247wallst.com - 2026-04-14 10:19:01