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NYSE:GSAT News 11 September 2025 - 3 February 2026

SpaceX buys Musk’s xAI in record $1.25 trillion deal as space stocks jump premarket

SpaceX buys Musk’s xAI in record $1.25 trillion deal as space stocks jump premarket

SpaceX acquired xAI, valuing the combined company at $1.25 trillion, according to sources. U.S.-listed space stocks rose in premarket trading after the news. xAI investors will receive 0.1433 SpaceX shares per xAI share, with some executives able to cash out at $75.46 per share. Attention has shifted to the timing of SpaceX’s IPO, which could come as soon as June.
3 February 2026
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Globalstar stock price jumps 7% as satellite-to-phone race stays in focus

Globalstar stock price jumps 7% as satellite-to-phone race stays in focus

New York, Jan 28, 2026, 15:21 EST — Regular session Shares of Globalstar, Inc. surged 7.1% to $67.92 Wednesday, lifting the satellite operator amid heavy afternoon action. The stock swung between $63.47 and $68.67, with roughly 607,000 shares changing hands by mid-afternoon. This shift is crucial as the “direct-to-device” trend—satellites connecting directly to regular smartphones without needing special handsets—is making space-and-spectrum stocks fast-moving stand-ins for a market still taking shape. Timelines and capacity are key, and traders have been quick to respond to even minor changes in forecasts. Globalstar is right at the heart of this trade. Linked to Apple’s
28 January 2026
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Space & Satellite Stocks Today: Rocket Lab (RKLB), Viasat (VSAT), Planet Labs (PL), Spire (SPIR), Iridium (IRDM) and Globalstar (GSAT) — News, Forecasts and Analysis for Dec. 17, 2025

Space & Satellite Stocks Today: Rocket Lab (RKLB), Viasat (VSAT), Planet Labs (PL), Spire (SPIR), Iridium (IRDM) and Globalstar (GSAT) — News, Forecasts and Analysis for Dec. 17, 2025

Space and satellite stocks are back in the spotlight on Wednesday, December 17, 2025, as investors juggle a busy mix of government launch schedules, fresh earnings, analyst price targets, and connectivity breakthroughs—all while the broader U.S. market digests shifting expectations for interest rates and policy headlines. In today’s tape, the “space” trade isn’t one story—it’s several. Launch providers are increasingly judged on responsiveness (not just cadence). Satellite operators are being re-rated on capacity and spectrum (not just subscriber growth). And data-from-space names are being graded on contract timing and backlog conversion, not just futuristic narratives. Below is a full, news-driven look at the major U.S.-listed space and
17 December 2025
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Smartphones Reach for the Skies: How Satellite Connectivity Is Revolutionizing Phones & Wearables

Smartphones Reach for the Skies: How Satellite Connectivity Is Revolutionizing Phones & Wearables

Introduction: Your Phone’s New Emergency Lifeline from Space Not long ago, the idea of texting from a smartphone to a satellite sounded like science fiction or at least something reserved for clunky satellite phones. But as of 2025, this has become reality for millions of consumers. Mainstream smartphones and even smartwatches can now connect directly to satellites orbiting Earth, allowing basic communication where traditional cell networks fail. This development marks a convergence of the mobile tech industry and the satellite industry, unlocking capabilities that were previously limited to specialized devices. At its core, this trend is about staying connected anywhere
11 September 2025
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Stock Market Today

Verizon stock price snaps 7-day run as consumer chief exit sharpens focus on turnaround

Verizon stock price snaps 7-day run as consumer chief exit sharpens focus on turnaround

7 February 2026
Verizon shares fell 1.7% to $46.31 Friday, ending a seven-session rally and closing about 2.7% below Thursday’s one-year high. The dip follows news that consumer chief Sowmyanarayan Sampath will step down, with Alfonso Villanueva named interim head. Verizon has climbed 16% since January 29 amid strong subscriber growth and a $25 billion buyback plan.
Cisco stock jumps 3% near $85 as UBS sticks with Buy ahead of Feb. 11 earnings

Cisco stock jumps 3% near $85 as UBS sticks with Buy ahead of Feb. 11 earnings

7 February 2026
Cisco shares rose 3% to $84.82 Friday, nearing $85 ahead of fiscal Q2 results due Feb. 11. UBS maintained a Buy rating and $90 target, citing strong product order growth and data-center demand. Investors are watching AI-related spending and U.S. economic data that could affect rates. Peers Fortinet, CrowdStrike, and Palo Alto Networks also gained.
Coherent stock whiplash: COHR jumps after earnings drop — what to watch next week

Coherent stock whiplash: COHR jumps after earnings drop — what to watch next week

7 February 2026
Coherent Corp shares jumped 8.8% to $227.68 Friday, rebounding after a two-day slide following its quarterly results. The company reported December-quarter revenue of $1.69 billion and non-GAAP earnings of $1.29 a share, with datacenter and communications driving 72% of sales. Barclays, Stifel, and JPMorgan raised price targets to $235–$245. FMR LLC disclosed a 15% stake as of Dec. 31.
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