Just yesterday I read that another one of SpaceX’s satellites randomly exploded. haha Meanwhile SpaceX is prepping for their IPO, allegedly at $1.75 trillion. (Seems way overvalued to be. They brought in like $8 billion in profit last year… versus Apple at over $100 billion.) I just don’t understand this world.
Amazon likely wants GlobalStars current and future orbital slots and spectrum for their own Kuiper (aka Leo) project. Both GS and Kuiper operate at LEO.
Apple owns 20% of GS, but reserved 85% of its capacity.
Amazon gets instant access and revenue stream. Apple benefits from not having to solely subsidize GS to keep it out of bankruptcy. Seems like a win win.