$GSAT surged 13.42% to ~$78 — its highest since 2008 — on FT reports Amazon is in advanced talks to acquire Globalstar for ~$9B. Volume: 4.83M shares, nearly 4x its daily average. The catch: $AAPL holds 20% of GSAT and has 85% of its network capacity locked in via a $1.5B investment. Any deal needs to untangle that first.
#GSAT #Globalstar #Amazon #AMZN #SpaceRace #SatelliteInternet #MergersAndAcquisitions #TechStocks









