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.
Are space stocks just momentum stocks? It kind of felt that way in 2024, as shares of Rocket Lab (NASDAQ: RKLB) and AST SpaceMobile (NASDAQ: ASTS) both roughly quadrupled, and Planet Labs (NYSE: PL) ...
A public dispute between SpaceX’s Elon Musk and President Donald Trump appears to be driving space stocks higher. Musk says "we have got the spaceships, and they do not" in a post on X over the ...
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