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3 Space Economy Stocks to Buy in July
24/7 Wall St.76d agobullish
3 Space Economy Stocks to Buy in July

The space economy is transitioning from science project to revenue-generating industry, and July has produced a sharp pullback across the sector leaders. All three names below have sold off sharply over the past month, yet the underlying contract pipelines, spectrum positions, and government awards keep expanding. Treat this as a high-risk speculative bucket: Every pick ... 3 Space Economy Stocks to Buy in July

TBPN’s John Coogan: “People Can’t Really Complain.” Here’s Why Blue Origin Is Worth $130 Billion.
24/7 Wall St.77d agoneutral
TBPN’s John Coogan: “People Can’t Really Complain.” Here’s Why Blue Origin Is Worth $130 Billion.

Jeff Bezos spent a quarter-century building Blue Origin with his own money. Now, outside investors are finally getting a chance to get a seat at the table. During a recent TBPN discussion, John Coogan broke down Blue Origin’s reported $10 billion fundraising round at a $130 billion valuation, which is the company’s first external capital ... TBPN’s John Coogan: “People Can’t Really Complain.” Here’s Why Blue Origin Is Worth $130 Billion.

Can AST SpaceMobile Stock Become the Next 10-Bagger?
24/7 Wall St.77d agoneutral
Can AST SpaceMobile Stock Become the Next 10-Bagger?

Our AST SpaceMobile (NASDAQ:ASTS) 24/7 Wall St. price target is $91.65 over the next 12 months, implying 13.66% upside from the current price of $80.64. Our recommendation is buy with moderate confidence (0.5). The 10-bagger question is fair given ASTS has already returned 542.04% over five years, but our base case does not see a ... Can AST SpaceMobile Stock Become the Next 10-Bagger?

AST SpaceMobile (ASTS) Proves Emergency Mobile Service In Europe Before August Launches
Simply Wall St.79d agoneutral
AST SpaceMobile (ASTS) Proves Emergency Mobile Service In Europe Before August Launches

Vodafone Ireland used AST SpaceMobile’s BlueBird satellites to run voice and data services for emergency communications in Europe. The test showed that frontline responders could connect when ground networks were unavailable. AST SpaceMobile plans further BlueBird launches in August that are expected to increase peak speeds and expand coverage. AST SpaceMobile (NasdaqGS:ASTS) is drawing fresh attention after this emergency communications test, with its direct to mobile satellite network now...

SpaceX Falls 6% Despite Wave of Bullish Analyst Initiations, Rocket Lab Dives 10%, AST SpaceMobile Drops 6%, Virgin Galactic Declines 5%
24/7 Wall St.79d agobearish
SpaceX Falls 6% Despite Wave of Bullish Analyst Initiations, Rocket Lab Dives 10%, AST SpaceMobile Drops 6%, Virgin Galactic Declines 5%

Shares of SpaceX (NASDAQ:SPCX) are down 6% to $151 and change in midday trading Tuesday, an unusual response given the flood of bullish analyst initiations that hit the tape today and the company’s addition to the NASDAQ 100. The pullback appears to be dragging the broader space complex with it. AST SpaceMobile (NASDAQ:ASTS) stock is ... SpaceX Falls 6% Despite Wave of Bullish Analyst Initiations, Rocket Lab Dives 10%, AST SpaceMobile Drops 6%, Virgin Galactic Declines 5%

Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back
24/7 Wall St.80d agobearish
Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back

Shares of space stocks are selling off across the board midday Monday, with the group’s leaders giving back a chunk of last week’s sharp gains. Rocket Lab (NASDAQ:RKLB) stock is leading the pullback, down 7% to $93.28. AST SpaceMobile (NASDAQ:ASTS) shares are down 5% to $80.61, while SpaceX (NASDAQ:SPCX) stock is off 3% to $157.43. ... Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back

Jim Cramer says it's time to buy one surging space stock
TheStreet82d agobullish
Jim Cramer says it's time to buy one surging space stock

As America celebrates its 250th birthday this July 4 weekend, Jim Cramer took a moment on the "Mad Money" Lightning Round Tuesday, June 30, to flag a space company he believes could make investors real money over the next two years. The stock is AST SpaceMobile (ASTS). The call was brief, as ...

Jim Cramer on AST SpaceMobile: “I Think It Can Make Money in Two Years”
Insider Monkey82d agoneutral
Jim Cramer on AST SpaceMobile: “I Think It Can Make Money in Two Years”

AST SpaceMobile, Inc. (NASDAQ:ASTS) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday’s market rotation. A caller inquired what one should do if they do not have a position in the stock. Here’s what Cramer had to say: I think it’s a great speculative stock. […]

AST SpaceMobile (ASTS) Secures $926 Million And Rakuten Venture For Japan Network
Simply Wall St.84d agoneutral
AST SpaceMobile (ASTS) Secures $926 Million And Rakuten Venture For Japan Network

AST SpaceMobile announced a joint venture with Rakuten to build a direct to mobile satellite network in Japan. The company secured ¥926 million in Japanese government subsidies to support the network build out. AST SpaceMobile is progressing operational next generation BlueBird satellites as part of this rollout. AST SpaceMobile, listed on NasdaqGS:ASTS, is drawing fresh attention after these Japan related updates, with the stock trading at $85.13. The share price is up 29.7% over the past...

Retail Investors Are Buying This Space Stock, and It’s Not SpaceX (SPCX)
Insider Monkey84d agobullish
Retail Investors Are Buying This Space Stock, and It’s Not SpaceX (SPCX)

We just covered Avoid SpaceX and Buy These 11 Stocks Instead. AST SpaceMobile (NASDAQ:ASTS) ranks #11 (see Avoid SpaceX and Buy These 5 Stocks Instead). Number of Hedge Fund Investors: 39 Redditors say that for those interested in space, consider AST SpaceMobile (NASDAQ:ASTS) instead of chasing SpaceX hype. AST SpaceMobile is developing the world’s first […]