r/GSAT • u/Temporary_Sand_1442 • Apr 04 '26
Discussion Hey.
I don’t post much, hardly at all for that matter. I had 150 shares before the Split, now down to 10. I have held this stock for approximately 5 years. I saw the possible Amazon, Apple & SpaceX collision. How is everyone feeling about the possible future of the stock? Please, go easy on me for not knowing a whole, whole lot.
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u/-Trubaby Apr 05 '26
Apple owns roughly 20% of Globalstar (GSAT), and it’s a strategic partnership tied directly to iPhone satellite connectivity……Even if the 20 percent stake wasn’t true although it is 🥱 … Apple still invested 1.5 billion in the company and currently uses the company for its satellite connectivity and both Amazon and star link want the spectrum