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Rocket Lab shares drop 9% despite record backlog; AST SpaceMobile and SpaceX also fall on launch and earnings concerns.

Company Fundamentals
10 Nov 2026, 16:02 WIB
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Bearish
Rocket Lab shares drop 9% despite record backlog; AST SpaceMobile and SpaceX also fall on launch and earnings concerns.

Rocket Lab's stock fell 9% after its Q3 report showed record backlog but a wider-than-expected loss, driven by one-time costs and delayed Neutron rocket launch. AST SpaceMobile dropped 6% following a price target cut by Bank of America due to slower launch pace and execution risks for its new Blacklift rocket. SpaceX shares slid 3%, reflecting sector-wide pressure despite its recent earnings. The space launch market is tight, with Rocket Lab, AST SpaceMobile, and SpaceX interconnected through launch services and satellite projects. Investors are watching key milestones like Neutron's launch and Blacklift's debut to gauge future growth.

Rocket Lab shares are down 10.22% at USD 52.84 as of Nov 10, 2026 20:42 WIB on Pluang, reflecting continued investor caution. AST SpaceMobile trades at USD 34.47, falling 6.56% with mixed buy-sell activity. SpaceX is priced at USD 138.35, down 2.62%, showing moderate selling pressure in a highly valued market.

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