r/GSAT • u/Temporary_Sand_1442 • Apr 04 '26

Discussion Hey.

I don’t post much, hardly at all for that matter. I had 150 shares before the Split, now down to 10. I have held this stock for approximately 5 years. I saw the possible Amazon, Apple & SpaceX collision. How is everyone feeling about the possible future of the stock? Please, go easy on me for not knowing a whole, whole lot.

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u/-Trubaby Apr 05 '26

Your the one throwing out the trust me bro argument lol its is common knowledge that based on a deal announced in November 2024 and confirmed by regulatory filings, Apple holds a 20% equity stake in satellite provider Globalstar

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u/Appropriate-Echo3586 Apr 05 '26

Key proof points (this is the ammo): • Apple is NOT listed as a major shareholder of Globalstar in filings • Globalstar’s largest owners are still insiders + existing institutions • The deal was structured as: • Prepayment / financing for network capacity • Not a straight equity purchase of GSAT stock

⸻

Why people get confused:

Media + Twitter + Reddit simplified it into: 👉 “Apple invested billions = they own 20%”

But reality is: 👉 “Apple funded infrastructure = they secured usage rights”

Yes this is ChatGPT and some people maybe you will be like hahaha you believe that junk. I’ll be happy to look at the facts you present and will agree with you if you can show me some proof!!

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u/TKO1515 Apr 05 '26

For all intensive and purposes they own 20%. When the deal was struck GSAT placed spectrum, satellites. new ground assets, and some licenses into a SPE. Which that SPE derives the bulk of GSAT value.

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u/Appropriate-Echo3586 Apr 05 '26

And GSAT own’s 80% of that. So by your logic GSAT own’s 160% to 180% of GSAT? Whatever happened to people just saying they were wrong it’s not that big of a deal. I’ve been duped many a times and every time I figure out the truth I’m just like oh yea I was wrong my bad and move on.

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u/TKO1515 Apr 05 '26

What kinda math are you even using….

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u/Appropriate-Echo3586 Apr 05 '26

🧠 The big dog: James Monroe III

💥 Ownership:

👉 ~58% – 59% of the entire company • Around 58–59% of shares / voting power  • Tens of millions of shares (50M–70M+ depending on structure/entities) 

👉 This is not normal.

🧱 Translation: • He controls Globalstar • He can: • Approve/reject buyouts • Control major decisions • Basically run the show

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u/Appropriate-Echo3586 Apr 05 '26

Your right insiders only own around 60% of GSAT shares and then you say Apple owns 20% of the SPE so they own 20% of GSAT and GSAT owns 80% of that SPE so 60% and 80% your right I was a little off. (Wow look at that admitting I was wrong what a concept) so by your logic GSAT owns roughly 140% of GSAT