Today: 11 June 2026
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NASDAQ:GSAT 4 June 2025 - 15 April 2026

SpaceX IPO: Why Amazon’s Globalstar Deal Raises the Stakes for a $1.75 Trillion Debut

SpaceX IPO: Why Amazon’s Globalstar Deal Raises the Stakes for a $1.75 Trillion Debut

Amazon’s $11.57 billion acquisition of Globalstar intensifies scrutiny of SpaceX’s planned IPO, as the company seeks a valuation up to $1.75 trillion. SpaceX aims to start its IPO roadshow the week of June 8, with CFO Bret Johnsen telling bankers that retail investors could get up to 30% of shares. Starlink now accounts for over half of SpaceX revenue and serves more than 9 million users. SpaceX reportedly posted a $5 billion loss on $18.5 billion in 2025 revenue.
15 April 2026
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Globalstar (GSAT) Stock News and Forecasts on Dec. 23, 2025: Insider Selling, Band n53 Momentum, and Analyst Price Targets

Globalstar (GSAT) Stock News and Forecasts on Dec. 23, 2025: Insider Selling, Band n53 Momentum, and Analyst Price Targets

Globalstar shares fell 4.3% to around $63.75 on December 23 after insider sale disclosures by CFO Rebecca Clary and General Counsel L. Barbee IV Ponder. The stock swung between $61.76 and $66.60 intraday. The company also announced a private 5G drone connectivity trial with Skydio using its Band n53 spectrum. Analyst coverage described the risk/reward as “mostly balanced” following recent gains.
23 December 2025
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Globalstar Stock (GSAT) Surges on Dec. 22, 2025: Latest News, Apple Partnership, Analyst Targets, and What Investors Are Watching Next

Globalstar Stock (GSAT) Surges on Dec. 22, 2025: Latest News, Apple Partnership, Analyst Targets, and What Investors Are Watching Next

Globalstar shares rose 6%–7% to the mid-$60s Monday after rebounding from a volatile mid-December slide. The stock had dropped from the $70s to the high-$50s earlier in the month before recovering. Recent moves follow a joint technology trial with drone maker Skydio and ongoing speculation about Apple partnerships and potential strategic alternatives.
22 December 2025
Globalstar (GSAT) Stock News Today (Dec. 18, 2025): Insider Sale Sparks Pullback as Band n53 and XCOM RAN Momentum Builds

Globalstar (GSAT) Stock News Today (Dec. 18, 2025): Insider Sale Sparks Pullback as Band n53 and XCOM RAN Momentum Builds

Globalstar shares dropped about 10.6% to $56.91 on December 18, 2025, following news that CFO Rebecca Clary sold shares, triggering concerns over insider selling. SEC filings show the sales were to cover taxes from vested awards, not discretionary selling. The decline came as Globalstar announced a successful private 5G drone trial with Skydio using its Band n53 spectrum.
18 December 2025
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MDA Space Stock Plunges Over 50% on SpaceX Shock, But Q3 2025 Earnings and Wireless Power Deal Rekindle Bull Hopes

MDA Space Stock Plunges Over 50% on SpaceX Shock, But Q3 2025 Earnings and Wireless Power Deal Rekindle Bull Hopes

MDA Space shares have dropped over 55% from their 52-week high after EchoStar canceled a $1.3 billion satellite contract and sold spectrum to SpaceX. The company reported strong Q3 2025 results and reaffirmed guidance on November 14, but market focus remains on lost backlog and customer shifts toward SpaceX.
14 November 2025
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Globalstar (GSAT) Stock Skyrockets in 2025 – Apple Deal and IoT Ambitions Fuel Outlook

Globalstar (GSAT) Stock Skyrockets in 2025 – Apple Deal and IoT Ambitions Fuel Outlook

Globalstar shares have surged over 120% in the past year, hitting 52-week highs. Apple invested $1.5 billion, including $1.1 billion upfront, and now holds a 20% stake while using 85% of Globalstar’s network for iPhone emergency messaging. Q2 2025 net income reached $19 million on $67.1 million revenue. Globalstar signed a SpaceX launch deal and secured $60 million in government contracts.
5 October 2025
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Satellite-to-Cell Showdown: Apple vs Starlink vs AST in the Race to Connect Your Phone Anywhere

Satellite-to-Cell Showdown: Apple vs Starlink vs AST in the Race to Connect Your Phone Anywhere

Apple introduced Emergency SOS via satellite on iPhone 14 in 2022, using Globalstar’s LEO network and later adding roadside assistance and iMessage texting. SpaceX’s Starlink Direct-to-Cell began beta in New Zealand in late 2024, supporting unmodified phones and aiming for global messaging by 2025. AST SpaceMobile launched five BlueBird satellites in September 2024, with commercial service expected in 2025 and global carrier partnerships expanding.
5 August 2025
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Satellite Financing, M&A, and IPO Tracker 2024–2029

Satellite Financing, M&A, and IPO Tracker 2024–2029

Global space startup funding rebounded to $8.6–$9.5 billion in 2024, with $6 billion raised by Q3, nearly matching 2023’s total. Seventy-three space-related acquisitions were announced, up 39% from 2023, including SES’s $3.1 billion deal for Intelsat and Apple’s $1.5 billion investment in Globalstar. Lockheed Martin, KBR, and Rocket Lab also announced major acquisitions.
22 June 2025
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Stock Market Today

  • Lenskart Solutions Sees 38 Million Shares Traded in NSE Block Deal at 490 Rupees Each
    June 10, 2026, 11:46 PM EDT. Lenskart Solutions witnessed a significant block deal on the National Stock Exchange (NSE) with 38 million shares changing hands. The shares were traded at 490 rupees per share, marking a major transaction on the exchange. Such block deals involve large volumes of shares traded privately between buyers and sellers, often influencing the stock's liquidity and market perception. This transaction underlines growing investor interest in Lenskart, a key player in the eyewear retail sector.

Latest articles

Tech stocks slide after hours, Oracle’s AI spending draws focus

Tech stocks slide after hours, Oracle’s AI spending draws focus

11 June 2026
Semiconductor stocks plunged 3.6%, dragging the S&P 500 technology sector into correction territory—down 11% from its June 2 record—as investors punished AI-linked companies like Oracle and Super Micro Computer for heavy spending and capital raises, signaling a shift in risk appetite amid rising inflation and escalating U.S.-Iran tensions.
Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

11 June 2026
Murphy USA soared 10.04% to $612.16 as investors seized on Casey’s General Stores’ stronger-than-expected fuel margins, spotlighting sector-wide pump profitability; with Murphy’s own first-quarter fuel contribution up 40.6% and margins at 35.0 cents per gallon, the stock’s jump reflects bets that high margins will persist, though volatility in fuel prices remains a key risk.
Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

11 June 2026
Sky Quarry soared 22.44% to $1.91 on record volume, then jumped to $2.38 after hours, as investors bet on a June refinery restart after repairs and a feedstock shortage crushed Q1 revenue to $383; with just $66,828 in cash and “substantial doubt” about its ability to continue, the stock’s fate hinges on hitting its June production target.
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