To The Moon

In 2025, I have shared about telecommunications company $Globalstar(GSAT)$ on 3 separate occasions. (see below) Click on title to read.

• 22 Dec 2025 - GSAT : A Must-Own 2026 Growth Stock. Now !

• 01 Jul 2025 - AAPL chose GSAT is Elon Musk's Starlink loss.

• 23 Jan 2025 - AAPL space race will fuel GSAT's BOOM !

I am sharing again because there is “great” news coming into sight.

On 01 Apr 2026, it was reported that $Amazon.com(AMZN)$ is exploring a roughly US$9 billion strategic acquisition of GSAT, to bolster its Project Kuiper satellite-internet ambitions, with the market already repriced GSAT sharply higher on the deal speculation.

AMZN’s GSAT angle

AMZN’s interest in GSAT is a strategic pursuit to gain immediate access to its low-Earth-orbit (LEO) constellation and valuable 2.4 GHz S-band spectrum.

This worthy pursuit of "plug-and-play" solution fits perfectly into AMZN’s connectivity gaps, allowing the company to expand its satellite broadband and compete directly with Elon Musk - SpaceX’s Starlink.

This makes GSAT unusually attractive because it is not just a “story stock”; it is an operating satellite communications business with assets AMZN could use immediately rather than “wasting” time it does not have to build everything from scratch.

The reported valuation is striking.

Reports suggested a deal worth about US$9 billion, that closely matched GSAT’s market cap (as of 02 Apr 2026).

This alignment indicates that investors viewed the news as a serious development rather than just a temporary price jump.

Financial news outlets described AMZN’s move as a key part of the company’s satellite strategy.

Major investment websites also noted that GSAT is a hot target in a growing competition for space technology.

It is obvious that AMZN’s acquisition of GSAT is a strategic move to bypass (a) years of regulatory hurdles, (b) infrastructure build-outs, and (c) spectrum deployment.

Under pressure to expand its satellite network quickly, AMZN could fast-track its timeline and offer direct-to-device services to its massive consumer base.

Ultimately, AMZN would be paying for time and positioning, making GSAT a strategic acquisition candidate rather than a purely financial one.

Wall Street analysts even speculate - SpaceX could also be a suitor, potentially sparking a bidding war for one of the few remaining independent operators with global coverage.

AMZN’s deal setback ?

The biggest obstacle in AMZN’s consideration is $Apple(AAPL)$ roughly 20% stake in GSAT.

As AAPL is already tied to GSAT through its satellite connectivity arrangements, any AMZN deal would likely require separate negotiations with AAPL over ownership rights, commercial arrangements, and possible control issues.

This matters because AAPL is not a passive name on the cap table.

AAPL currently utilizes 85% of GSAT’s network capacity for its emergency SOS and satellite messaging services on the iPhone.

Furthermore, AAPL has provided substantial funding, including a $252 million loan and a $1.1 billion capital commitment, to help GSAT refresh its satellite constellation.

This "golden handcuff" arrangement could mean AAPL likely holds right-of-first-refusal or veto power over any change in control.

Should AMZN goes ahead and purchase GSAT, the buyer would inherit a business whose current economics and network access are partly shaped by AAPL’s existing role.

This makes the transaction not just a standard buyout but a 3-way negotiation among AMZN, GSAT, and AAPL.

Could this create friction points ?

AAPL may want to :

• Protect service continuity for its users.

• Preserve access priority.

• Avoid seeing a strategic partner become an AMZN controlled asset.

The reports also mention that deal complexities remain unresolved, which leaves open the possibility of (a) delay, (b) restructuring, or (c) the collapse of talks if the commercial terms become too tangled.

GSAT and its Colourful History.

Launched in 1991 as a joint venture between Loral and $Qualcomm(QCOM)$, GSAT aimed to pioneer global satellite telephony.

In 1998, it suffered a major setback when a Russian launch failure, destroyed 12 satellites.

In 2002, it filed for Chapter 11 bankruptcy, only to emerge under Thermo Capital Partners in 2004.

Today, it operates a Low Earth Orbit (LEO) constellation and 24 ground stations providing Mobile Satellite Services (MSS) to government, oil, and emergency sectors.

GSAT has moved from being operationally useful to strategically vital, primarily due to its proprietary S-band spectrum (Band 53) and a transformative 2022 contract as the satellite partner for AAPL’s iPhone "Emergency SOS."

This partnership made GSAT a core enabler of satellite-to-phone connectivity and highly visible to investors.

Generating revenue through retail data, wholesale capacity, and IoT tracking, GSAT saw its market capitalization reach approximately $9.56 billion by early 2026 amid intense acquisition rumors.

Its infrastructure is now a key target for buyers looking to secure space-spectrum assets quickly.

As of 02 Apr 2026

GSAT Stock Reaction.

Since the mainstream news broke on 01 Apr 2026, the market reaction has been explosive.

Post news break on 01 Apr 2026, GSAT stock exhibited massive volume expansion, with trading volume increasing over +158% to 4.85 million shares.

The reaction is a classic takeover-rumour repricing, with GSAT trading less like a business on standalone fundamentals and more like a probability-weighted acquisition outcome.

The speed of the move also suggests that the market is pricing in a premium for strategic scarcity, especially because AMZN, AAPL and even SpaceX were all mentioned in the broader reporting ecosystem around the name.

As of Thu, 02 Apr 2026 closing

Technical Analysis.

Will GSAT continue to rise in the coming weeks ?

Here’s where its technical indicators of (1) Simple moving averages (SMA), (2) MACD and (3) RSI may shed some light.

The available snippets point to a very strong short-term move, but also to a stock that is stretched in the very near term.

On Thu, 02 Apr 2026, GSAT ended the day at $77.73. It is significantly above all major moving averages, indicating a powerful bullish breakout.

Simple Moving Averages (SMA).

• 20-day SMA was $61.59 with stock price more than +26% above this level, a strong momentum signal but also a sign that price has run ahead of recent averages.

• 50-day SMA was $61.12, providing a secondary support floor.

• 200-day SMA was $47.27 with long-term trend remains firmly positive. More importantly, it implies the longer trend had already turned bullish before the AMZN rumor.

In August 2025, GSAT triggered a textbook Golden Cross, marking an end to its previous sideway trading cycle, with GSAT scaling higher and higher since. (see above)

MACD.

The MACD line (+2.53) is significantly above the Signal line (+0.9) and both are above the Zero line. This indicates a strong bullish trend.

With a positive Divergence of +1.53, it suggests that the 12-day EMA is moving rapidly away from the 26-day EMA, indicating accelerating buying momentum rather than just a slow climb.

RSI.

With 14-day RSI reading coming in at 68.79, GSAT is fast approaching the “overbought” zone.

This suggests strong, high-momentum, but potentially extended buying pressure, often signaling a short-term pause or pullback in the stock price.

Overall, the SMA say trend strength is real, the MACD leaning positive says momentum is still intact, and the news-driven breakout says traders are chasing the AMZN optionality.

The US-Iran Conflict.

I think it will be short-sighted not to consider the AMZN-GSAT deal, without considering the US-Iran conflict, especially in the coming 3 weeks where Trump’s gamble on the Middle East will become a keynote that underpins his mid-term election.

GSAT that is already trading on a strategic-news premium, would likely react more to risk appetite and headline risk than to any single macro issue in the next few sessions.

If the AMZN deal narrative stays alive, the path of least resistance should remain upward or range-bound near elevated levels.

If the deal narrative weakens / cools, GSAT is poised to give back a meaningful part of the rumor premium quickly.

Where To Next ?

GSAT technical indicators are still pointing to a continued bullish trajectory in the immediate term, though the high Average True Range (ATR) of 6.47% warns of intense volatility.

Over the next 3 weeks, GSAT faces a "dual-track" risk profile:

Internal Momentum:

• If acquisition details solidify, GSAT could challenge the $80.00 psychological resistance.

External Headwinds:

• A potential US-Iran showdown on Iran soil, creates a "risk-off" environment.

• As a satellite/defense-adjacent play, GSAT may act as a "geopolitical hedge”.

• If Trump moves to end US involvement within his mentioned 3-week window, the broader market may see a relief rally, providing a "tailwind" to GSAT's momentum.

• Conversely, if conflict escalates, GSAT may see profit-taking as investors retreat from high-beta tech plays toward cash or gold.

• Given the technical setup, a consolidation toward the $62.00 support zone is likely if deal talks stall or if Middle East tensions boil over.

GSAT investors, will you sell now and pocket the profits OR hold out a little longer as GSAT bullish moment is still vibrant and raring to bubble higher. Decisions, decisions.

Remember to check out my other posts. (See below). Help to Repost ok, Thanks.

Must Read: Click on below titles to access. Repost to share, Like as encouragement ok. Thanks.

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• Do you think GSAT will continue to bubble up, int the next 3 weeks’?

• Do you think a US land invasion of Iran is on the card as Trump places his final bet to hopefully secure a November 2026 mid-term win ?

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