Paul Jacobs Biography and Net Worth

CEO of Globalstar

Paul Jacobs serves as Chief Executive Officer of Globalstar. Prior to joining Globalstar in 2023, Jacobs served as Chairman and CEO of XCOM Labs, now renamed Virewirx, since founding it in 2018. He served as CEO of Qualcomm from 2005 to 2014 and as a director of Qualcomm from 2005 to 2018, including as Chairman of the board of directors from 2009 to 2018 and as Executive Chairman from 2014 to 2018. During his time at Qualcomm, Jacobs spearheaded its efforts to develop and commercialize fundamental mobile technology breakthroughs that fueled the wireless internet and smartphone revolutions. He is a prolific inventor with over 80 U.S. patents granted or pending in the field of wireless technology and devices.

Jacobs is currently a member of the board of directors at both Dropbox, Inc. and Arm Limited. He is also an owner and vice chairman of the Sacramento Kings of the National Basketball Association (NBA).

Jacobs attended the University of California, Berkeley, where he earned a B.S. in electrical engineering and computer science, M.S. in electrical engineering and Ph.D. in electrical engineering and computer science. He is a member of the National Academy of Engineering and a Fellow of the American Academy of Arts and Sciences.

What is Paul E. Jacobs' net worth?: The estimated net worth of Paul E. Jacobs is at least $4.02 million as of September 25th, 2025. Dr. Jacobs owns 58,895 shares of Globalstar stock worth more than $4,021,940 as of December 5th. This net worth evaluation does not reflect any other assets that Dr. Jacobs may own. Learn More about Paul E. Jacobs' net worth.
How do I contact Paul E. Jacobs?: The corporate mailing address for Dr. Jacobs and other Globalstar executives is 1351 HOLIDAY SQUARE BLVD.,, COVINGTON,, LA, 70433. Globalstar can also be reached via phone at (408) 933-4000 and via email at [email protected]. Learn More on Paul E. Jacobs' contact information.
Has Paul E. Jacobs been buying or selling shares of Globalstar?: Paul E. Jacobs has not been actively trading shares of Globalstar over the course of the past ninety days. Most recently, Paul E. Jacobs sold 53,479 shares of the business's stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $34.95, for a transaction totalling $1,869,091.05. Following the completion of the sale, the chief executive officer now directly owns 58,895 shares of the company's stock, valued at $2,058,380.25. Learn More on Paul E. Jacobs' trading history.
Who are Globalstar's active insiders?: Globalstar's insider roster includes Rebecca Clary (CFO), Paul Jacobs (CEO), James Monroe III (Director), L. Barbee Ponder, IV (General Counsel and Vice President of Regulatory Affairs), and Timothy Taylor (VP). Learn More on Globalstar's active insiders.
Are insiders buying or selling shares of Globalstar?: In the last year, Globalstar insiders bought shares 1 times. They purchased a total of 50,000 shares worth more than $934,000.00. In the last year, insiders at the sold shares 13 times. They sold a total of 154,296 shares worth more than $6,035,643.27. The most recent insider tranaction occured on December, 1st when CFO Rebecca Clary sold 4,380 shares worth more than $262,449.60. Insiders at Globalstar own 61.0% of the company. Learn More about insider trades at Globalstar.
Information on this page was last updated on 12/1/2025.

Paul E. Jacobs Insider Trading History at Globalstar

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
9/25/2025	Sell	53,479	$34.95	$1,869,091.05	58,895

Paul E. Jacobs Buying and Selling Activity at Globalstar

Globalstar Company Overview

Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.

Today's Range

Now: $68.29

$64.50

$68.99

50 Day Range

MA: $50.60

$34.19

$68.29

2 Week Range

Now: $68.29

$17.24

$68.99

Volume

986,378 shs

Average Volume

974,319 shs

Market Capitalization

$8.66 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.08