Globalstar Soars On Apple’s $1.5 Billion Satellite Investment
The remaining $1. 1 billion investment is designated as an infrastructure prepayment to be. The company will invest up to $1. 5 billion in globalstar to expand its iphone. Apple is doubling down on its partnership with globalstar,. Satellite operator globalstar stock closed up more than 30% nov. With apple's $1. 5 billion investment, globalstar will launch a new satellite.