Amazon’s $16.3 billion deal amps up rivalry with Elon Musk
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Source: The Age
Published: 2026-04-15 11:49 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Space, Business & Economy
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Snippet:
Amazon.com’s $US11.6 billion ($16.3 billion) deal to buy Globalstar ramps up competition with Elon Musk’s Starlink in satellite communications, a market predicted to double to $US200 billion in the coming years.
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