Explosion at Blue Origin Leaves Amazon, AST SpaceMobile, and Space Stocks Reeling
Blue Origin’s New Glenn rocket burst into flames during a test, delaying Amazon’s satellite plans and AST SpaceMobile’s launch schedule. Space stocks drop sharply.
Blue Origin’s New Glenn rocket burst into flames during a test, delaying Amazon’s satellite plans and AST SpaceMobile’s launch schedule. Space stocks drop sharply.
Cantor raises Intuitive Machines target on strong growth, lunar contracts, Space Force deal, and rising space sector momentum.
AST SpaceMobile shares surged after AT&T, Verizon, and T-Mobile announced a joint venture to expand satellite direct-to-device coverage and eliminate U.S. dead zones.
ASTS missed Q1 earnings but keeps building space internet, new satellites launching, FCC approved US service, strong cash $3.5B.
AST SpaceMobile got approval to beam cell service from space, boosting coverage everywhere using normal phones—no special device needed.
AST SpaceMobile's BlueBird 7 satellite was placed in the wrong orbit by Blue Origin’s New Glenn rocket and will be de-orbited. Insurance will cover the loss.