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AST SpaceMobile (ASTS) Secures Global Approvals As Texas Expansion And Launches Near
Simply Wall St.31d agoneutral
AST SpaceMobile (ASTS) Secures Global Approvals As Texas Expansion And Launches Near

AST SpaceMobile secured new regulatory authorization in New Zealand for a gateway link, expanding its international network footprint. Bell Canada completed its first ground station in Québec supporting AST SpaceMobile satellites for direct to device service. The BlueBird 11 satellite arrived at Cape Canaveral, with BlueBirds 12 and 13 scheduled to follow for an August launch. Midland is preparing to consider approval of a $150 million expansion of AST SpaceMobile's Texas manufacturing...

SpaceX and AST SpaceMobile Fall 5%, Rocket Lab Sheds 4% as China Rocket Milestone and Oil Spike Hit Space Stocks
24/7 Wall St.33d agobearish
SpaceX and AST SpaceMobile Fall 5%, Rocket Lab Sheds 4% as China Rocket Milestone and Oil Spike Hit Space Stocks

Shares of SpaceX (NASDAQ:SPCX) are down 5% to $138.58 in early Monday trading, a fresh record low that sits below the $150 debut price and well off the $225 peak on June 16. The slide extends a bruising stretch for the stock, which had already dropped 10% over the prior week. Rocket Lab (NASDAQ:RKLB) is ... SpaceX and AST SpaceMobile Fall 5%, Rocket Lab Sheds 4% as China Rocket Milestone and Oil Spike Hit Space Stocks

AST SpaceMobile (ASTS) Stock Looks Rich Relative To Fair Value
Simply Wall St.36d agoneutral
AST SpaceMobile (ASTS) Stock Looks Rich Relative To Fair Value

AST SpaceMobile stock has delivered a very large 3 year return, yet the broader valuation checks currently point to a mixed picture rather than a clear bargain or clear overpricing. Over the past 3 years, AST SpaceMobile has returned about 16x, which puts extra focus on whether today’s price still leaves enough room for attractive future returns. Recent enthusiasm around satellite communications deals and long term contracts can support high expectations, while competition and execution...

AST SpaceMobile (ASTS) Leaves The Russell 2500 As Investors Ask If The Valuation Still Works
Simply Wall St.36d agobearish
AST SpaceMobile (ASTS) Leaves The Russell 2500 As Investors Ask If The Valuation Still Works

AST SpaceMobile (ASTS) has been dropped from the Russell 2500 Index, as well as the Russell 2500 Growth and Russell 2500 Value benchmarks, a shift that can influence index-linked investor positioning. See our latest analysis for AST SpaceMobile. Recent trading reflects that tension between index-related selling and growth expectations, with AST SpaceMobile’s share price down 16% over the past month and 22.7% over the past quarter, even as the 1-year total shareholder return sits near 61% and...

3 Space Economy Stocks to Buy in July
24/7 Wall St.36d agobullish
3 Space Economy Stocks to Buy in July

The space economy is transitioning from science project to revenue-generating industry, and July has produced a sharp pullback across the sector leaders. All three names below have sold off sharply over the past month, yet the underlying contract pipelines, spectrum positions, and government awards keep expanding. Treat this as a high-risk speculative bucket: Every pick ... 3 Space Economy Stocks to Buy in July

TBPN’s John Coogan: “People Can’t Really Complain.” Here’s Why Blue Origin Is Worth $130 Billion.
24/7 Wall St.37d agoneutral
TBPN’s John Coogan: “People Can’t Really Complain.” Here’s Why Blue Origin Is Worth $130 Billion.

Jeff Bezos spent a quarter-century building Blue Origin with his own money. Now, outside investors are finally getting a chance to get a seat at the table. During a recent TBPN discussion, John Coogan broke down Blue Origin’s reported $10 billion fundraising round at a $130 billion valuation, which is the company’s first external capital ... TBPN’s John Coogan: “People Can’t Really Complain.” Here’s Why Blue Origin Is Worth $130 Billion.