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Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?
24/7 Wall St.46d agobullish
Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?

Space stocks are catching a bid in Friday midday trading. Virgin Galactic (NYSE:SPCE) stock is up 13% to $2.83, AST SpaceMobile (NASDAQ:ASTS) stock is up 9% to $71.72, and Rocket Lab (NASDAQ:RKLB) stock is up 5% to $84.40. The synchronized move has reignited a familiar debate on trading desks and financial social media. The question ... Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?

A 10-Year SpaceX Investor Says the $2 Trillion Price Tag Is Still Too Cheap
24/7 Wall St.46d agoneutral
A 10-Year SpaceX Investor Says the $2 Trillion Price Tag Is Still Too Cheap

Two weeks after the largest IPO in history priced, SpaceX (NASDAQ:SPCX) opened at $1.8 trillion valuation and has drifted to roughly $2 trillion, which Chad Anderson, managing partner at Space Capital and a decade-long SpaceX backer, calls cheap. Speaking on CNBC on June 26, Anderson argued the space economy has been structurally underpriced for years and ... A 10-Year SpaceX Investor Says the $2 Trillion Price Tag Is Still Too Cheap

AST SpaceMobile (ASTS) Sets BlueBird Launch And Teams Up With Rakuten In Japan
Simply Wall St.49d agoneutral
AST SpaceMobile (ASTS) Sets BlueBird Launch And Teams Up With Rakuten In Japan

AST SpaceMobile (NasdaqGS:ASTS) plans to launch its next-generation BlueBird 11, 12, and 13 satellites in the first half of August. The launch is intended to expand the company’s space based cellular broadband network for direct-to-smartphone service. AST SpaceMobile has formed a joint venture with Rakuten to offer satellite powered mobile connectivity in Japan. The combination of new satellite capacity and a local partner marks a shift toward broader commercial rollout. AST SpaceMobile...

Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential
Insider Monkey49d agobullish
Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential

We just covered the 10 Stocks That Will 10X According to Social Media. AST SpaceMobile (NASDAQ:ASTS) ranks #4 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 39 AST SpaceMobile (NASDAQ:ASTS) is building the first space-based cellular broadband network designed to work with ordinary, unmodified smartphones. Social media is […]

Jim Cramer on AST SpaceMobile: “This One Right Now Is on the Miss Cycle”
Insider Monkey49d agobearish
Jim Cramer on AST SpaceMobile: “This One Right Now Is on the Miss Cycle”

AST SpaceMobile, Inc. (NASDAQ:ASTS) was among the stocks Jim Cramer discussed as he said that the Iran peace negotiations could trigger an oil glut, cool inflation, and pull interest rates down. During the episode, a club member sought Cramer’s opinion on the stock, and he replied: Alright, now, we looked at all these satellite and […]

Prediction: AST SpaceMobile Will Hit $100 on This Date
24/7 Wall St.49d agoneutral
Prediction: AST SpaceMobile Will Hit $100 on This Date

AST SpaceMobile (NASDAQ:ASTS) is the only public company beaming 4G and 5G directly to unmodified smartphones from low Earth orbit. CEO Abel Avellan calls it “the only technology positioned to capture the massive direct to device broadband opportunity in full.” Shares are up just 11.06% year to date despite a constellation buildout that should reach ... Prediction: AST SpaceMobile Will Hit $100 on This Date

AST SpaceMobile (ASTS) Stock After Recent Slide And Satellite Connectivity Progress
Simply Wall St.50d agoneutral
AST SpaceMobile (ASTS) Stock After Recent Slide And Satellite Connectivity Progress

If you are wondering whether AST SpaceMobile is priced for its potential or already reflecting high expectations, the current share price puts that question front and center. The stock closed at US$80.66, with the price down 7.9% over the past week and 23.8% over the past month, even though the 1 year return stands at 60.7% and the 3 year return is very large. Recent headlines have focused on AST SpaceMobile's efforts to build a satellite based mobile broadband network and its progress...

Why AST SpaceMobile’s (ASTS) BlueBird Launch Matters for Its Direct-to-Device Growth Test
Insider Monkey53d agoneutral
Why AST SpaceMobile’s (ASTS) BlueBird Launch Matters for Its Direct-to-Device Growth Test

AST SpaceMobile, Inc. (NASDAQ:ASTS) is one of the fastest-growing space stocks to buy now. On June 17, AST SpaceMobile announced the successful orbital launch of BlueBirds 8, 9, and 10 from Cape Canaveral aboard a Falcon 9 rocket. The launch is directly relevant to the growth story because the satellites expand the company’s direct-to-device broadband […]

Is AST SpaceMobile, Inc. (ASTS) A Good Stock To Buy Now?
Insider Monkey53d agobullish
Is AST SpaceMobile, Inc. (ASTS) A Good Stock To Buy Now?

Is ASTS a good stock to buy? We came across a bullish thesis on AST SpaceMobile, Inc. on r/ValueInvesting by OnTheStreetwithLou. In this article, we will summarize the bulls’ thesis on ASTS. AST SpaceMobile, Inc.’s share was trading at $80.66 as of June 18th. AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of […]