US Stocks: Globalstar shares surge 10% as Amazon strikes $11.6 billion deal, rivaling Elon Musk's Starlink
Globalstar shares surged after Amazon announced a $11.57 billion acquisition to expand its satellite internet ambitions. The deal boosts Project Kuiper, accelerates LEO deployment, and strengthens competition with Starlink, signaling Amazons deeper push into space-based connectivity infrastructure.
Globalstar shares surged after Amazon announced a $11.57 billion acquisition to expand its satellite internet ambitions. The deal boosts Project Kuiper, accelerates LEO deployment, and strengthens competition with Starlink, signaling Amazons deeper push into space-based connectivity infrastructure.
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