Blue Origin Explosion Puts AST SpaceMobile Stock at Risk Monday
AST SpaceMobile stock plunged 14.79% to $113.41 Friday after a Blue Origin New Glenn rocket exploded in a test, raising doubts about the company’s 2026 satellite rollout. Deutsche Bank cut its rating to Hold, slashing the price target to $106. AST says upcoming launches use SpaceX, not Blue Origin, but analysts warn delays could push out revenue. AST reported $3.5 billion in cash and reaffirmed its 2026 satellite target.