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SpaceX confidentially filed for an IPO that could value the rocket-and-satellite giant at $1.75 trillion.
SpaceX confidentially filed for an IPO that could value the company at $1.75 trillion.
KEY POINTS
- Amazon is negotiating a $9 billion acquisition of Globalstar to accelerate its satellite network expansion.
- Apple owns a 20% stake in Globalstar, complicating Amazon's acquisition negotiations.
- Amazon's $200 billion capital plan includes major investment in low-Earth-orbit satellites for 2026.
- Regulatory approval for spectrum transfers from Globalstar to Amazon could delay integration until 2027.
COMPANIES
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