Deals

Amazon Enters Starlink’s Orbit With $11.6 Billion Satellite Deal

Amazon will pay more than $11.5 billion for satellite operator Globalstar.

Globalstar Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange in New York, US, on Friday, June 3, 2016.Photographer: Michael Nagle/Bloomberg

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By Michelle F Davis

April 14, 2026 at 7:09 PM UTC

This article is for subscribers only.

Hi, it’s Michelle F. Davis in New York, looking at the rationale behind a multibillion-dollar satellite play by Amazon. Also today, an audacious proposition from the CEO of United Airlines.

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