AST SpaceMobile missed Q3 estimates by 114% and trades at 1,567x price-to-sales despite $1.2B in cash. Rocket Lab beat Q3 estimates by 71% with revenue up 48% year-over-year and 37% gross margins.
One has a nearly $2 billion backlog. The other is building an entirely new business model from orbit.
Shares of two space market innovators reported quarterly results late Monday. Satellite company AST SpaceMobileASTS dipped less than 1% in Tuesday's premarket session. Space exploration startup Rocket ...
Rocket Lab Corp (NASDAQ:RKLB) and AST SpaceMobile Inc (NASDAQ:ASTS) shares continue to climb on Monday following a public dispute between SpaceX's Elon Musk and President Donald Trump. What Happened: ...
AST SpaceMobile plans to compete with Elon Musk's SpaceX, GlobalStar and others to provide satellite-based internet services. Space stocks are having a rough week, with SpaceX rivals AST SpaceMobile ...
Space stocks are having a rough week, with SpaceX rivals AST SpaceMobile and Rocket Lab taking some of the biggest hits. The share price for AST SpaceMobile which is building a satellite cellular ...
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