AST SpaceMobile announced plans to develop its own reusable rocket, Blacklift, powered by Firefly Aerospace engines, targeting launches starting in late 2028. This move aims to reduce dependence on SpaceX and other launch providers but involves significant costs and risks, including dilution and cash burn, while AST's revenue-generating satellites remain grounded. Firefly benefits from a $1.3 billion deal involving engine supply and licensing, boosting its stock significantly. AST's near-term focus remains on deploying about 45 satellites by early 2027, with the rocket program unlikely to impact this timeline. Investors should watch AST's upcoming earnings report for funding details and monitor stock performance around its 52-week low.
AST SpaceMobile shares rose 7.05% to USD 32.33 as of Nov 08, 2026 00:02 WIB on Pluang, near its 52-week low of USD 30.20. SpaceX also gained 8.62%, trading at USD 134.27. AST's market cap stands at $9.69B, with a balanced Pluang order activity of 52% sell and 48% buy, reflecting mixed investor sentiment on its new rocket plans.
Firefly Aerospace secured a $1.3 billion deal with AST SpaceMobile to supply 27 Miranda and 9 Vira rocket engines over three years. The agreement includes engine supply, licensing for AST to manufacture the engines, and engineering support, while Fir...
SpaceX shares climbed 4% to $128.92 as tech stocks recovered after a post-election selloff that had pushed SpaceX down 25% in a month. The rebound is supported by strong U.S. jobs data and a rotation back into growth stocks, though challenges remain ...
Firefly Aerospace has signed a $1.3 billion agreement with AST SpaceMobile to deliver 36 rocket engines, license engine IP, and provide engineering support over three years for AST's new heavy-lift rockets. This deal will accelerate Firefly's launch ...
SpaceX and Tesla shares fell 9% following Texas elections that brought Democratic leaders promising to halt new data center construction and investigate SpaceX's Starlink grants. This threatens SpaceX's planned data centers and Tesla's robotaxi expan...
