{"id":54,"date":"2026-04-15T10:48:37","date_gmt":"2026-04-15T10:48:37","guid":{"rendered":"https:\/\/wowrepublik.com\/?p=54"},"modified":"2026-04-15T10:48:38","modified_gmt":"2026-04-15T10:48:38","slug":"amazon-to-spend-11bn-on-satellite-firm-in-growing-starlink-rivalry","status":"publish","type":"post","link":"https:\/\/wowrepublik.com\/?p=54","title":{"rendered":"Amazon to spend $11bn on satellite firm in growing Starlink rivalry"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Amazon is aiming to build-up its satellite business to offer internet and mobile phone services by spending $11.57bn (\u00a38.5bn) on an acquisition of Globalstar.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The deal, announced Tuesday, will allow Amazon to get thousands of satellites into low-earth orbit through the Amazon Leo project the company has been working on for several years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Amazon said the Globalstar takeover fits its &#8220;long-term vision for space-based connectivity&#8221; and that it will deploy a &#8220;next generation&#8221; satellite system in 2028.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By doing so, Amazon will be in closer competition with Starlink, an increasingly popular satellite-based internet and phone service company launched by Elon Musk in 2019.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Starlink has a significant head-start on Amazon&#8217;s Leo, which currently only has around 200 satellites in orbit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Musk&#8217;s company, which is private, says it already has more than 10,000 active satellites offering internet and mobile phone service to more than 10 million paying customers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Starlink is a subsidiary of SpaceX and is likely a significant source of revenue for that company, potentially bringing in between $500m and $1.2bn from individual user fees alone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SpaceX is preparing to become a publicly listed company this year, with a valuation&nbsp;<a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c2k35lg92dpo\">expected to exceed $1 trillion<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-embed\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/d438db7e4d34e52d4733603ba787fd79.safeframe.googlesyndication.com\/safeframe\/1-0-45\/html\/container.html\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/d438db7e4d34e52d4733603ba787fd79.safeframe.googlesyndication.com\/safeframe\/1-0-45\/html\/container.html\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Amazon is aiming to build-up its satellite business to offer internet and mobile phone services by spending $11.57bn (\u00a38.5bn) on an acquisition of Globalstar. The deal, announced Tuesday, will allow Amazon to get thousands of satellites into low-earth orbit through the Amazon Leo project the company has been working on for several years. Amazon said [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":55,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-54","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Amazon to spend $11bn on satellite firm in growing Starlink rivalry - News Everyone is Talking About<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wowrepublik.com\/?p=54\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon to spend $11bn on satellite firm in growing Starlink rivalry - News Everyone is Talking About\" \/>\n<meta property=\"og:description\" content=\"Amazon is aiming to build-up its satellite business to offer internet and mobile phone services by spending $11.57bn (\u00a38.5bn) on an acquisition of Globalstar. The deal, announced Tuesday, will allow Amazon to get thousands of satellites into low-earth orbit through the Amazon Leo project the company has been working on for several years. 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