aerospace / news / / Outlook Business
An announcement could come as early as Tuesday, April 14, though a final agreement has not yet been reached.
Amazon is in advanced talks to acquire Globalstar, with an announcement possible as early as April 14.
KEY POINTS
- Acquiring Globalstar would give Amazon immediate access to an operational LEO satellite network and customer base.
- SpaceX has confidentially filed for a US IPO, aiming to raise over $50 billion as early as June.
- Globalstar has been exploring a sale since at least October and previously held talks with SpaceX.
COMPANIES
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