“Globalstar stock surges 15% on report Amazon is weighing an acquisition”
April 12, 2026
“Globalstar’s stock popped on a report that Amazon is in talks to buy the satellite communications company.
The companies were still negotiating over some of the complexities of a deal following lengthy talks, the Financial Times reported.
Amazon is building out a constellation of low Earth orbit satellites to support its internet-from-space service, called Leo…”