AST SpaceMobile's stock dropped 7% following the FCC's approval for SpaceX to build a satellite network that connects directly to ordinary phones without needing wireless carriers. This regulatory change threatens AST SpaceMobile's business model, which relies on partnerships with carriers to reach subscribers. Meanwhile, Rocket Lab and Planet Labs also saw declines but less severe. AST SpaceMobile may find some relief if its partnership with Japan's Rakuten secures government funding, but investors remain cautious as SpaceX's constellation is not yet operational and the FCC order could face further review.
AST SpaceMobile shares fell 7.16% to USD 56.31 on Pluang as of Oct 09, 2026 00:02 WIB, reflecting investor caution after the FCC's approval of SpaceX's satellite network. Rocket Lab also declined 5.02% to USD 68.31, while Planet Labs dropped 5.35% to USD 16.80 in the same period. Despite the selloffs, Pluang order activity shows strong buying interest in AST SpaceMobile at 99% buy orders, indicating some investors remain optimistic about its prospects.
SpaceX shares fell 2% following reports that the company is seeking $40 billion in debt financing to purchase NVIDIA AI chips, fueling concerns about leverage in the capital-intensive space sector. This move aims to expand SpaceX's AI computing busin...
AST SpaceMobile's stock fell sharply after a failed satellite launch and six consecutive earnings misses, cutting its value nearly in half. Despite this, Roth MKM analyst maintains a Buy rating with a $108 price target, citing the company's unique sp...
In October 2026, three space stocks—AST SpaceMobile, Rocket Lab, and Lockheed Martin—offer distinct investment profiles amid growing defense spending and satellite connectivity demand. AST SpaceMobile leads in technology with its BlueBird satellites ...
AST SpaceMobile's stock rose 8.38% following the US government's public endorsement of its satellite partnership with Japan's Rakuten under a bilateral tech deal. The deal includes a potential $1 billion award from Japan's J-LEO initiative, which cou...
Morgan Stanley's bullish note on SpaceX, emphasizing undervaluation of its compute business, sparked a rally in the commercial space sector. SpaceX shares rose 2%, while AST SpaceMobile and Rocket Lab surged 8% and 5%, respectively, reflecting broade...
