Matt Frankel

Simply put, Amazon needs to scale its satellite, build out faster.

They have grand plans.

I think the latest number I saw was 3,200 satellites of its own it wants to get into orbit to rival Starlink, but it's not there yet.

Starlink, just to put it in perspective, has over 10,000 active satellites.

Amazon has about 200.

acquiring GlobalStar and its Spectrum licenses would speed up the timeframe, because that's something, no matter how much money you have, you just can't speed that up.

John is going to dive into GlobalStar's business a little more in a bit, but it does own valuable Spectrum licenses that Tyler said

It's almost certainly a big reason that Amazon's interested here.

Like I mentioned, these are highly regulated.

They require years of navigating regulation, not only in the U.S., but all over the world.

GlobalStar holds licenses for a valuable spectrum in more than 120 countries around the world.

It does help accelerate the timeline of what Amazon's trying to do.

Tyler's point, Prime Video should be a part of the thesis, more so than a lot of people think.

It's a big part of Amazon's advertising platform, which is one of the fastest-growing and most profitable parts of the business.

We'll leave that for another conversation.

But to me, Amazon space investments are a nice-to-have.

I'm an Amazon shareholder, and 100% of my thesis is built around the e-commerce platform and AWS.

Now, there's a solid argument to be made that Amazon building out its satellite account would be a big competitive advantage for AWS.

Microsoft and Alphabet, which are the two closest competitors, they don't have that.

These satellite capabilities, they can remove geographical constraints at the edge.