Globalstar Sale: Apple, SpaceX, and the Satellite Shakeup

Is Globalstar on the verge of a $10 billion sale? The potential deal surfaces amid speculation of distancing between Globalstar and Apple, its largest customer for iPhone's emergency satellite text service. Meanwhile, SpaceX's entry into the market threatens Globalstar's unique role, potentially reshaping the future of satellite connectivity for smartphones.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.