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Amazon to acquire Globalstar and expand Amazon Leo satellite network
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Bezos Just Bought What Musk Wanted — And The $200B Space War Is Escalating
Amazon.com, Inc. just made its loudest move yet in the space race—and if the breadcrumbs are right, it came at SpaceX's expense.
Amazon's April 14 acquisition of satellite operator Globalstar, Inc. isn't just another deal—it's shaping up as a direct strike in an increasingly high-stakes orbital battle.
And according to Bank of America, the prize isn't small: a $200 billion low-Earth orbit (LEO) market spanning broadband, wireless, and defense.
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