Private company
Who owns Globalstar Licensee LLC (the "Globalstar SPE", subsidiary of Globalstar, Inc.)
One company in the researched set discloses a stake in Globalstar Licensee LLC (the "Globalstar SPE", subsidiary of Globalstar, Inc.), worth $400m between them. Globalstar Licensee LLC (the "Globalstar SPE", subsidiary of Globalstar, Inc.) is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
Globalstar Licensee LLC (the "Globalstar SPE", subsidiary of Globalstar, Inc.) - Profile
- Type
- subsidiary
- Based in
- United States
- Founded
- 2024
Globalstar Licensee LLC, referred to in Globalstar's filings as the Globalstar SPE, is the special purpose vehicle that holds the assets and spectrum licensing behind the Extended MSS Network, a new mobile satellite services network being built to carry direct to device satellite connectivity for Apple's iPhone. It was put in place on 5 November 2024 when Globalstar and Apple amended their wholesale capacity service agreements: the vehicle owns the new satellite constellation, the expanded ground infrastructure and the associated global MSS licences, while Globalstar itself operates the network and delivers the service. Apple bought 400,000 Class B units in the vehicle for $400 million and is a passive equity holder. The entity is consolidated by Globalstar as a variable interest entity and held $824.6 million of assets at 31 December 2025.
Source
Globalstar Licensee LLC (the "Globalstar SPE", subsidiary of Globalstar, Inc.) files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from Globalstar, Inc. Form 10-K for 2025, Note 2: Special Purpose Entity, Globalstar 10-K exhibit index: Contribution Agreement and Second Amended and Restated LLC Agreement and 9to5Mac: FCC filing on Amazon acquiring Apple's 20% Globalstar stake. The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- Apple Inc., as of 5 Nov 2024. value_usd is the November 2024 purchase price stated in Globalstar's Form 10-Q, not a current mark. Apple does not disclose a carrying value or fair value for this position in any of its own filings, so no 2026 valuation is available. Implied price per unit is 400,000,000 / 400,000 = 1,000 dollars. source
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of Globalstar Licensee LLC (the "Globalstar SPE", subsidiary of Globalstar, Inc.) where a holder stated one, and are missing where no holder did.