Today: 22 May 2026
AST SpaceMobile stock (ASTS) whipsaws in New York trade as the next satellite milestone nears
9 February 2026
2 mins read

AST SpaceMobile stock (ASTS) whipsaws in New York trade as the next satellite milestone nears

New York, Feb 9, 2026, 14:13 EST — Regular session

  • AST SpaceMobile shares slipped 0.5% in the afternoon, following a volatile session.
  • Broader U.S. equities caught a bid, but the satellite-to-phone player traced its own path.
  • Traders are eyeing the next launch update, scouring for new clues about the 2026 commercial rollout.

AST SpaceMobile slipped 0.5% to $101.28 at 2:13 p.m. EST, bouncing between $108.25 and $98.95 in a session that delivered even more turbulence than usual for the stock. The Nasdaq 100 ETF and S&P 500 ETF, on the other hand, climbed higher.

The stakes are high for AST SpaceMobile, with a key test coming up: its BlueBird 7 mission is on the calendar for late February. The goal? Build a “direct-to-device” network that lets ordinary phones ping satellites, no extra hardware needed. “This launch advances our mission to bring space-based cellular broadband connectivity to everyday smartphones,” President Scott Wisniewski said in a January statement. Business Wire

Blue Origin, tapped to handle the launch, cautioned investors that the timeline isn’t set in stone. The firm listed a “no earlier than late February” window for New Glenn-3’s departure from Cape Canaveral. “We’re proud to have AST SpaceMobile as our customer on NG-3,” Chief Executive Dave Limp said. Blue Origin

AST SpaceMobile is going after the cellular broadband market by working with mobile network operators instead of selling subscriptions on its own, the company said in its prospectus. According to the filing, AST already has a deal with AT&T Services in the U.S., plus a commercial agreement lined up with Verizon starting in 2026. But the company still needs more regulatory approvals before it can launch full commercial service. The prospectus also notes that AST will require a hefty injection of capital to get its satellites designed, built, launched and operating as a constellation.

Satellite comms stocks had a mixed Monday, with Globalstar climbing roughly 2.1%, while Iridium jumped 3.2%. Traders haven’t let go of the theme, even if momentum diverges name to name.

AST faces a stretch where it all comes down to the granular stuff: think launch timing, technical sign-offs, and the pace at which both a fresh rocket and satellite can shift from splashy news to routine deployment. Monday’s wide intraday swing captured just how abruptly the mood can shift on that front.

The timeline remains up in the air. Launch plans tend to shift; delays, or a fresh fundraising push, could weigh on a stock that’s already reflecting plenty of optimism. Complicating things, the direct-to-phone satellite race is heating up fast.

There’s nothing on the calendar for AST, according to its investor relations page, so for now, the market is left watching for fresh company news or sector buzz to steer the story.

Mobile World Congress lands in Barcelona March 2–5, circled on most telecom and connectivity calendars. It’s the stretch when companies typically outline the year ahead, and investors scan for any hints—new partners, rollout schedules, regulatory moves.

Stock Market Today

  • Companies Persist in Prediction Market Investments Despite Legal Uncertainty
    May 22, 2026, 12:07 PM EDT. Prediction market companies continue to invest amid ongoing legal disputes between states and the Commodity Futures Trading Commission (CFTC) over regulatory authority. Platforms like Kalshi, Polymarket, Coinbase, and Robinhood face challenges in 17 states, with some states classifying these markets as gambling driven by sports event contracts, while the CFTC claims jurisdiction under derivatives laws. Congressional scrutiny is increasing, as House Oversight Chairman James Comer seeks information on insider trading measures. Despite unresolved legal questions, executives from firms such as Flutter Entertainment and DraftKings express long-term confidence, citing growth opportunities and continued investment strategies. Rising private valuations underscore sustained investor interest in the sector, highlighting a growing but unsettled market landscape.

Latest articles

Navitas Stock Up Again as Market Looks at AI Power Trade

Navitas Stock Up Again as Market Looks at AI Power Trade

22 May 2026
Navitas Semiconductor shares jumped 16.33% to $28.36 on Friday, following an 18.32% surge Wednesday ahead of its PCIM 2026 showcase. The company reported Q1 revenue of $8.6 million, up 18% from the prior quarter but down from $14 million a year ago. Navitas plans to demonstrate new high-efficiency power boards for AI data centers. Analysts say breakeven may require quarterly sales above $30 million.
Qualcomm Shares Surge 13% After Stellantis Deal Announced

Qualcomm Shares Surge 13% After Stellantis Deal Announced

22 May 2026
Qualcomm shares jumped 12.7% to $240.44 after Stellantis expanded a multi-year deal to use Snapdragon chips in cockpit, connectivity, and driver-assistance systems. The agreement includes the Ride Pilot platform for Level 2+ hands-free driving. Analysts remain divided, with price targets ranging from $150 to $300 and a broad Hold consensus. Qualcomm reported record automotive chip revenue and 20% growth in automotive and IoT segments.
Dutch Regulator Moves on Gas Bills, Fine Print Surprises Consumers

Dutch Regulator Moves on Gas Bills, Fine Print Surprises Consumers

22 May 2026
Dutch regulator ACM has barred energy suppliers from raising prices mid-term on fixed gas contracts to cover future green-gas and EU carbon costs. Budget Thuis, Delta Energie, Innova Energie, Mega, and Vattenfall had clauses allowing such increases, with potential annual extras up to €326 for some households. The EU’s ETS2 carbon market and Dutch green-gas rules take effect from 2027 and 2028.
Plug Power stock back in play as Feb. 17 share-vote redo nears
Previous Story

Plug Power stock back in play as Feb. 17 share-vote redo nears

India fintech MIDASX hits best quarter, turns cash-flow positive as it scales AI-led distribution
Next Story

India fintech MIDASX hits best quarter, turns cash-flow positive as it scales AI-led distribution

Go toTop