Amazon has agreed to acquire US satellite communications company Globalstar in a cash-and-stock deal valued at $90 per share, a move aimed at accelerating its own space-based internet ambitions and positioning itself as a rival to Elon Musk’s Starlink. The offer, which has already secured support from about 58 per cent of Globalstar’s shareholders, is expected to close in 2027.
Globalstar, which has a market capitalisation of roughly $9 billion, operates a constellation of satellites providing voice and data services. Amazon’s planned network, known as Project Kuiper, seeks to deliver high-speed broadband to underserved and remote regions across the globe. By acquiring Globalstar, Amazon gains access to spectrum rights and satellite infrastructure that could fast-track deployment of its low Earth orbit (LEO) system.
As part of the agreement, Apple—which holds a 20 per cent stake in Globalstar—will integrate Amazon’s satellite services into future iPhone and Apple Watch models. This includes expanding emergency connectivity features such as Emergency SOS, which allows users to send messages when outside mobile coverage.
Amazon’s senior vice president for devices and services, Panos Panay, said the acquisition will help bridge the digital divide for billions of people who live or operate in areas beyond the reach of traditional networks. Amazon’s LEO constellation, currently in development, is expected to comprise around 200 satellites, placing it in direct competition with Starlink’s existing network of more than 10,000 satellites operated by SpaceX.
The deal comes amid heightened speculation that SpaceX is preparing for a potential initial public offering of Starlink, which could raise up to $75 billion—potentially the largest IPO in history. Amazon’s move signals its intent to challenge SpaceX’s dominance in the satellite internet market while expanding its broader technology ecosystem.
With regulatory approvals still pending, the acquisition marks a significant step in Amazon’s push into satellite communications, underscoring the growing commercial and strategic importance of global connectivity.
