The Information's TITV Amazon’s $11.5B Globalstar Buy, SpaceX Financials Show Starlink Reliance, Polymarket Audits Startups
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Apr 14, 2026 
Jesse Feister, Executive Director of the Webby Media Group, on AI reshaping creativity and how judges weigh trust. Michael Rodden, finance reporter, on Polymarket audits, copy-trading risks, and insider-style bets. Tim Farrar, satellite analyst, on spectrum value, Amazon’s Globalstar purchase, and market strategy. Theo Waite, space reporter, on Amazon vs SpaceX, Starlink’s finances, and implications for mobile satellite services.
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Apple Wins By Letting Others Foot The Bill
- Apple likely benefits by avoiding massive capex and letting Amazon run the satellite infrastructure while still getting service for iPhones.
- Theo Waite argued Apple's strategy mirrors its AI stance: outsource heavy investment while keeping user-facing control.
Amazon Versus SpaceX Marks A Full Service Showdown
- Amazon's move puts it in direct competition with SpaceX across both broadband and mobile satellite services.
- Tim Farrar and Theo Waite highlighted uncertainty about consumer demand for direct-to-phone mobile service and how capacity will be split with Apple.
Starlink Is SpaceX's Profitable Growth Engine
- Leaked SpaceX financials show Starlink is the crown jewel: ~60%+ of revenue, ~50% annual growth, and adjusted EBITDA margins above 60%.
- Cory Weinberg said the launch and XAI businesses grow slower and are unprofitable, making Starlink the investor focal point.