Shares of Elon Musk's rockets-to-AI firm SpaceX dropped nearly 9% on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out. Its shares were last down 8.8% to $174.8, after falling nearly 5% in the last session. Despite the losses, the stock still traded more than 29% above its $135 offering price.
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AST SpaceMobile's next cadence of satellites is also set to launch soon.
SpaceX's launch could give a big boost to other firms in the space industry, and some of these ETFs are already capitalizing.
SPCX's blockbuster IPO, Starlink growth, government contracts and Anysphere deal are fueling its push across space, broadband and enterprise AI.
LUNR expands lunar communications and navigation capabilities as demand grows for reliable infrastructure supporting future Moon missions.
AST SpaceMobile (ASTS) has drawn investor attention after a recent move in its share price, with the stock gaining 3.9% over the past day despite a decline over the past 3 months. See our latest analysis for AST SpaceMobile. That single day move comes after the share price declined 9.2% over the past 90 days, while the year to date share price return is 2.35% and the 1 year total shareholder return is 92.63%. This suggests long term momentum remains strong even as shorter term enthusiasm has...
AST SpaceMobile stock rallied today on the successful launch of BlueBird 8,9, and 10 satellites. But does that warrant buying ASTS shares today?
AST SpaceMobile targets global smartphone connectivity, while Joby Aviation pursues urban air mobility, each faces steep losses and unique risks.
SpaceX's record-setting IPO has investors rushing into space stocks. From Rocket Lab to AST SpaceMobile, here's how to separate the durable winners from the hype in a fast-growing $1 trillion market.
AST SpaceMobile (ASTS) launched three satellites into orbit on Wednesday, 17th June, and the stock jumped 6% in response. The reaction looks like a simple relief rally after a clean mission. It is actually a direct rebuttal to the specific argument Wall Street’s bears have been making for the past ...
BlueBirds 8, 9, and 10 are the largest commercial arrays ever deployed in low Earth orbit
Market Domination host Julie Hyman breaks down today's Trending Tickers, including Netflix (NFLX), which is denying reports of acquisition interest in Lionsgate (LION); AST SpaceMobile (ASTS) continues to trend up as it successfully launched satellites with the help of SpaceX (SPCX) and Jabil (JBL), which is hitting record highs on growing AI optimism.
AST SpaceMobile Inc (NASDAQ:ASTS) shares moved about 4% higher on Wednesday after the company announced the successful launch of three new BlueBird satellites, expanding its planned space-based cellular broadband network. The satellites, designated BlueBirds 8, 9 and 10, were launched aboard...
AST Spacemobile expands telecom partnerships and targets 45 BlueBird satellites in 2026, but rising competition and execution risks could test its path.
AST SpaceMobile stock was gaining after SpaceX said Wednesday that it had deployed three of the company's BlueBird satellites into orbit.
SpaceX stock continues its near-vertical ascent. AST SpaceMobile rises on successful satellite deployment. SpaceX completes ISS mission.
AST SpaceMobile (NasdaqGS:ASTS) has launched its next-generation BlueBird 8, 9, and 10 satellites into low Earth orbit. The new satellites are described as the largest commercial communications arrays deployed in low Earth orbit to date. This launch marks a shift from testing and groundwork toward potential large-scale direct-to-smartphone cellular service. The company reports that the upgraded network is designed to nearly double previous data speeds for space-based connectivity. For...
US stocks look set for a cautious start on Wednesday as investors await the first Federal Reserve interest rate decision under new chair Kevin Warsh, with the focus less on the immediate policy outcome and more on the route forward. Futures point to a flat open for the Dow Jones and S&P...
AST SpaceMobile announced that the BlueBird 8, 9, and 10 satellites were launched aboard a SpaceX Falcon 9 rocket from Cape Canaveral on Wednesday.
AST SpaceMobile stock was gaining after SpaceX said Wednesday that it had deployed three of the company's BlueBird satellites into orbit.
Does AI hype have Wall Street ignoring inflation? Trader Talk host Kenny Polcari discusses the growing concerns with NYSE Senior Market Strategist Michael Reinking, and Tuttle Capital Management CEO & CIO, Matthew Tuttle
Stocktwits data showed retail sentiment has improved to ‘bullish’ on SPY and ‘neutral’ on QQQ from ‘bearish’ earlier in the week.
The launch window opens June 17 at 2:39 a.m. EDT, with ASTS confirming that the satellites are fully encapsulated and secured inside Falcon 9 ahead of liftoff.
AST SpaceMobile, Inc. (ASTS) concluded the recent trading session at $82.25, signifying a -6.08% move from its prior day's close.
The SpaceX competitor is now down 38% from all-time highs.