Apple invests $1.7 billion in Globalstar satellites, defying Elon Musk's SpaceX ultimatum

Apple's bold $1.7 billion investment in Globalstar marks a decisive stand against Elon Musk's $5 billion SpaceX ultimatum, intensifying a three-year satellite connectivity battle. This move highlights Apple's commitment to its own satellite strategy despite internal conflicts and regulatory challenges.

Sources:
Times of India
Updated 1h ago
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Sources: Times of India
Apple has boldly invested $1.7 billion in Globalstar satellites, defying Elon Musk's 2022 ultimatum that demanded a $5 billion exclusive deal for SpaceX to provide satellite services for iPhones.

The ultimatum came after Musk discovered Apple planned to launch satellite connectivity for the iPhone 14 through Globalstar, sparking a three-year conflict marked by regulatory battles and internal dissent within Apple.

"In 2022, Elon Musk issued a 72-hour ultimatum to Apple, demanding a $5 billion deal for SpaceX to become the exclusive satellite provider for iPhones," reports indicate.

Apple's rejection of Musk's offer led to intensified regulatory warfare, with SpaceX filing challenges against Globalstar's radio spectrum rights, threatening to cripple iPhone satellite features if successful.

"SpaceX has since escalated the conflict through regulatory warfare, filing challenges to Globalstar's radio spectrum rights that could cripple iPhone satellite features if successful," the reports state.

Despite internal opposition, Apple has doubled down on its satellite strategy, signaling a commitment to Globalstar and satellite connectivity innovation.

"Despite the internal revolt, Apple has doubled down with a $1.7 billion investment in Globalstar for new satellites, refusing to bow to either Musk's pressure or internal dissent," the sources confirm.

This strategic investment highlights Apple's determination to maintain control over its satellite technology and avoid reliance on SpaceX, underscoring a high-stakes battle in the satellite communications arena.
Sources: Times of India
Apple has invested $1.7 billion in Globalstar satellites, rejecting Elon Musk's 2022 ultimatum demanding a $5 billion exclusive deal for SpaceX satellite services. The move intensifies a three-year conflict marked by regulatory battles and internal dissent over Apple's satellite strategy for iPhones.
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The ultimatum came after Musk learned Apple planned to announce satellite connectivity for the iPhone 14 through partner Globalstar.
The Information Report
Times of India
Key Facts
  • In 2022, Elon Musk issued a 72-hour ultimatum to Apple, demanding a $5 billion deal for SpaceX to be the exclusive satellite provider for iPhones.Times of India
  • Apple rejected Musk's offer, leading to a three-year conflict involving regulatory challenges and internal dissent within Apple regarding its satellite strategy.Times of India
  • SpaceX escalated the conflict by filing regulatory challenges against Globalstar's radio spectrum rights, threatening iPhone satellite features if successful.Times of India
  • Apple invested $1.7 billion in Globalstar for new satellites, refusing to bow to either Musk's pressure or internal dissent.Times of India
Key Stats at a Glance
Ultimatum deal value demanded by Elon Musk
$5 billion
Times of India
Ultimatum duration issued by Elon Musk
72 hours
Times of India
Apple's investment in Globalstar satellites
$1.7 billion
Times of India
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