Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 63.25

-0.8%

Dec 24 12:59 PM EST

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From: Jeff Vayda	10/30/2025 2:38:35 PM
	of 29987

Globalstar Shares Jump on Rumors of $10 Billion Sale Talks (Source: Mach 33) Globalstar surged 8% after reports from The Information indicated that Chairman James Monroe has privately discussed selling the company for over $10 billion, nearly double its current market capitalization of ~$5.3 billion. The rumored price reflects speculation that both Globalstar and its main customer Apple may be exploring ways to reduce mutual dependency, given Apple’s ~$2 billion investment in the firm over the past three years to support iPhone satellite emergency messaging. (10/23)

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