Amazon’s $11.6 Billion Globalstar Deal Amps Up Musk Rivalry

Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg’s Michelle Davis reports.Source: Bloomberg

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By Michelle F Davis, Ryan Gould, Loren Grush, Matt Day, and Bruce Einhorn

April 14, 2026 at 8:22 PM UTC

Updated on

April 15, 2026 at 1:10 AM UTC

Amazon.com Inc.’s $11.6 billion deal to buy Globalstar Inc. ramps up competition with Elon Musk’s Starlink in satellite communications, a market predicted to double to $200 billion in the coming years.

On Tuesday, Amazon announced plans to buy the satellite operator for a mix of stock and up to $90 a share and said that in 2028 it will launch a direct-to-device service, offering connectivity straight to people’s mobile devices as an alternative to traditional cell towers.