Amazon is reportedly in talks to acquire Globalstar, a satellite telecommunications company, for a reported $9 billion. This move would significantly accelerate Amazon's low Earth orbit ambitions. Globalstar shares surged 12.36% in premarket trading after the news broke. No deal has been finalized, but discussions could change or collapse. The acquisition would give Amazon's satellite service, now called Leo, an immediate access to an operational LEO satellite network and spectrum licenses, a foothold in the Apple ecosystem through Globalstar’s Emergency SOS infrastructure, and reduce dependence on launching 1,600 satellites. However, Apple's 20% stake in Globalstar is a central obstacle in negotiations as any acquirer must agree on future relationship with Apple.