Tyler Crowe

louder and louder by the day.

So it seems like the SpaceX IPO is coming pretty soon.

And also in space news today, satellite company Global Star is up about 8% as we tape on rumors that Amazon is looking to acquire it.

Now, one of the deals that we saw recently, I want to say in the past year or so, or maybe even further back, was SpaceX acquiring Spectrum from Echo Star.

It's basically the ability to use broadband spectrum for communications.

In doing so, it established the ability for SpaceX to use cellular data transmission via satellite networks.

Now, I'm not saying this is precisely why SpaceX made that happen.

And I'm not saying that's precisely why Amazon is making this acquisition of GlobalStar.

But GlobalStar does have a very large Spectrum license for the next 15 years.

So, Matt, I have to imagine that was part of the deal.

Certainly seems like there's some sort of trail here as to spectrum and making this a much more prominent part of the business.

Now, look, the deal isn't finished yet.

This is, like I said, this was a lot of rumors and the stock is up on rumors.

And we don't have a price tag on it.

But at the same time, GlobalStar is about an $8 billion company.

And it's not like...

for a company the size of Amazon, that there are huge valuation concerns here for acquiring this.

It's certainly not going to break Amazon's bank to make an $8 billion acquisition.

So with that in mind, what opportunity do you see here for Amazon, the stock?

Is this something that's a real needle mover, or is it more like a, hey, this is nice to have, but I'm not building my investment thesis around it?