Globalstar’s stock jumped sharply on indications that Amazon is preparing to acquire the satellite communications provider. The potential deal would give Amazon access to a low-Earth-orbit network used for mobile voice and data services, expanding its footprint in connectivity and bolstering offerings for AWS and consumer devices.

At a recent business forum, Jeff Bezos highlighted the competitive advantage of thinking in seven-year horizons, echoing Warren Buffett’s ‘get-rich slowly’ philosophy. He tied this mindset to Amazon’s founding principles—customer obsession, innovation and operational excellence—arguing that deferring short-term gains fuels sustainable growth.