Shares of US space and satellite companies surged after reports that Amazon was in talks to acquire satellite company Globalstar. Intuitive Machines rose 10.6%, Planet Labs rose 10.8%, Satellogic rose 9.7%, and Echostar rose 2.8%.

2026-04-02

Shares of US space and satellite companies surged after reports that Amazon was in talks to acquire satellite company Globalstar. Intuitive Machines rose 10.6%, Planet Labs rose 10.8%, Satellogic rose 9.7%, and Echostar rose 2.8%.