APPLE PLANS MAJOR NEW SATELLITE-POWERED FEATURES FOR IPHONES

Summary from the TLDR newsletter

Apple is working on new satellite features, including a satellite framework for third-party apps, satellite-powered maps, richer messaging capabilities, 'natural usage' improvements, and satellite over 5G. Bringing most of these new features to market will require major upgrades to Globalstar's satellite infrastructure. SpaceX acquiring Globalstar would force Apple to rethink its business model and long-term strategy for satellite services. However, it could also bring opportunities - Apple could collaborate with SpaceX on premium satellite features.