Globalstar’s stock is soaring. Amazon is buying the company to challenge Elon Musk and Starlink.

Globalstar’s stock is heading toward an 18-year high on the back of an Amazon buyout deal, and has quadrupled over the past 12 months.

​Globalstar’s stock is heading toward an 18-year high on the back of an Amazon buyout deal, and has quadrupled over the past 12 months.