AST SpaceMobile’s ASTS Stock Rockets on Satellite Breakthroughs – What Investors Need to Know
AST SpaceMobile shares jumped 16% on both Oct. 1 and 2, 2025, hitting a record $74.77 before pulling back to the high $60s. The surge followed milestones in satellite-to-phone technology and new carrier deals, including Bell Canada and Vodafone. AST raised $575 million in July and filed to sell up to $800 million in new shares, triggering a 6% stock drop on Oct. 7. Analyst price targets range from $43 to $60.