Alphabet's Strategic Investment in AST SpaceMobile
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 08 2026
0mins
Should l Buy ASTS?
Source: Fool
- Investment Overview: Alphabet's latest 13F filing reveals a portfolio of 29 stocks, with AST SpaceMobile as its largest public stock investment, holding 8.9 million shares valued at $903 million, indicating a strategic focus on high-growth sectors.
- Early Investment Advantage: Alphabet invested in AST SpaceMobile through convertible notes at $5.75 per share in early 2024, and with the stock price exceeding 130% of the conversion price in 2025, it secured nearly 26 million shares, reinforcing its position in the satellite communications sector.
- Contracts and Market Expansion: AST SpaceMobile has secured contracts with 50 mobile operators serving 3 billion users and received $43 million and $20 million contracts from the U.S. government, showcasing its significant market influence and commercial potential.
- Future Development Plans: AST SpaceMobile aims to launch 45 to 60 satellites by 2026 for continuous coverage across the U.S., Europe, and Japan, projecting $2 billion in revenue by 2028, highlighting its long-term growth strategy.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ASTS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ASTS
Wall Street analysts forecast ASTS stock price to rise
8 Analyst Rating
3 Buy
4 Hold
1 Sell
Hold
Current: 73.820
Low
43.00
Averages
91.68
High
137.00
Current: 73.820
Low
43.00
Averages
91.68
High
137.00
About ASTS
AST SpaceMobile, Inc. is engaged in building a global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on its intellectual property (IP) and patent portfolio and designed for both commercial and government applications. The Company is engaged in designing and developing the constellation of BlueBird (BB) satellites and has planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. Its SpaceMobile Service is being designed to provide high-speed cellular broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices. The Company intends to continue testing capabilities of the BW3 test satellite, including further testing with cellular service providers and the government. The Company has operations in India, Scotland, Spain, and Israel.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
AST SpaceMobile Targets April Launch for BlueBird-7 Satellite
- Launch Window Selection: AST SpaceMobile is targeting an April 10 launch for its BlueBird-7 satellite aboard Blue Origin's New Glenn-3 mission, coinciding with NASA's Artemis II mission, marking the first crewed lunar flight since 1972, which may attract increased attention and investment.
- Satellite Network Support: BlueBird-7 will support AST SpaceMobile's direct-to-cell satellite network, allowing standard smartphones to remain connected beyond terrestrial coverage, a technological innovation that could enhance the company's competitiveness in the global communications market.
- Positive Market Reaction: Although AST SpaceMobile's stock fell over 10% last Friday, it has more than tripled over the past year, indicating investor optimism regarding the upcoming launch, especially as user sentiment on the social media platform Stocktwits remains neutral with a nearly 70% increase in message volume.
- NASA Mission Preparations: NASA's Artemis II mission preparations are in the final stages, with astronauts entering pre-launch quarantine to ensure readiness, and if weather conditions permit, this will lay the groundwork for future Artemis missions, indirectly boosting AST SpaceMobile's market performance.
See More
SpaceX IPO Expected to Ignite Space Stock Surge
- SpaceX IPO Outlook: SpaceX is expected to file for an IPO that could raise up to $75 billion and value the company at $1.75 trillion, potentially opening the door for everyday investors to enter the space industry, breaking the exclusivity held by insiders over the past decade.
- Market Sentiment Shift: The public debut of SpaceX may trigger increased interest in other space exploration stocks, with companies like AST SpaceMobile and Rocket Lab likely to see price increases driven by a bullish sentiment spillover, further enhancing their valuations.
- Direct Beneficiary - EchoStar: EchoStar, a satellite telecommunications company, has secured a 2% equity stake in SpaceX through a recent transaction, currently valued at around $11 billion, which could significantly increase in value post-IPO, reflecting the market's enthusiasm for the space sector.
- Urgency for Investment Opportunities: As the SpaceX IPO approaches, investors need to expedite their research on related stocks to capitalize on fleeting investment opportunities during the price discovery phase, especially given EchoStar's stock has surged over 52% in the past six months.
See More
SpaceX IPO Could Ignite Bullish Sentiment in Space Stocks
- SpaceX IPO Outlook: SpaceX is expected to file for an IPO that could raise up to $75 billion and value the company at $1.75 trillion, which would bring unprecedented attention to the space industry and potentially attract more investors into this sector.
- Indirect Beneficiary Stocks: As the SpaceX IPO approaches, other space stocks like AST SpaceMobile and Rocket Lab may benefit from the bullish sentiment, with expectations that their valuations could surge due to heightened market enthusiasm for space exploration.
- Direct Benefits for EchoStar: EchoStar secured a 2% equity stake through its transaction with SpaceX, currently valued at around $11 billion, and if SpaceX's IPO is successful, the value of EchoStar's stake could significantly increase, further driving its stock price upward.
- Importance of Market Research: Investors should expedite their research on related stocks, particularly EchoStar, which has seen a 52% increase in its stock price over the past six months, indicating market recognition of its future potential, and they should seize this opportunity ahead of the SpaceX IPO.
See More
SpaceX IPO Sparks Surge in Space Stocks
- SpaceX IPO Outlook: SpaceX is preparing to file its IPO prospectus, potentially becoming the largest IPO in history by raising $75 billion and achieving a valuation of $1.75 trillion, which may make other space companies appear cheaper and attract investor interest.
- AST SpaceMobile Reaction: Following the SpaceX news, AST SpaceMobile's stock surged by 10.4%, but it subsequently fell by 8.5% on Thursday, indicating investor concerns over its valuation at 325 times sales amidst a lack of earnings.
- Rocket Lab Performance: Rocket Lab's stock also rose by 10.3% due to the SpaceX announcement but dropped 9.5% afterward; despite its consistent revenue growth and potential profitability next year, its valuation at nearly 60 times sales remains high.
- Investor Caution: While the SpaceX IPO prospect has generated market excitement, investors are showing caution towards the high valuations of AST SpaceMobile and Rocket Lab, reflecting uncertainties about the future of the space industry.
See More
SpaceX Set to File IPO, Anticipated to Raise $75 Billion
- IPO Anticipation: SpaceX is expected to file its IPO prospectus within days, aiming to raise $75 billion, which would make it the largest IPO in history with a valuation of $1.75 trillion, potentially overshadowing other space companies.
- Market Reaction: The news of SpaceX's IPO sparked investor enthusiasm, with AST SpaceMobile shares rising 10.4% and Rocket Lab increasing by 10.3%, indicating strong market interest and confidence in the aerospace sector.
- Price Volatility: However, the following trading day saw AST SpaceMobile and Rocket Lab stocks drop 8.5% and 9.5%, respectively, reflecting investor concerns over high valuations and rapid shifts in market sentiment.
- Investment Advice: While Rocket Lab shows stable revenue growth and is expected to be profitable next year, its stock trades at nearly 60 times sales, prompting investors to carefully assess their buying decisions to avoid entering at inflated prices.
See More
Starfighters Partners with Blackstar for Hypersonic Flight Testing
- Strategic Partnership: Starfighters Space has signed a Technical Interchange Agreement with Blackstar Orbital to advance flight testing of reusable hypersonic 'SpaceDrone' systems, with captive carry tests expected in Q4 FY26, marking a critical transition from simulation to real-world flight testing that could propel the development of a new class of reusable satellites.
- Flight Testing Initiative: This collaboration will utilize Starfighters' F-104 supersonic aircraft for manned flight tests, culminating in a high-altitude supersonic release that models the reentry flight trajectory of Blackstar's 'microshuttle' platform, further validating its performance in real-world conditions.
- Innovative Technical Interface: Starfighters has provided a specialized BL75 pylon as the structural interface between the F-104 and the SpaceDrone, enabling phased captive carry and eventual release testing, thereby enhancing its technical capabilities in the aerospace sector.
- Expanding Market Potential: With the U.S. Space Force budget reaching $40 billion, hypersonic testing and reusable space systems are emerging as one of the fastest-growing segments in the aerospace and defense market, and this partnership will further solidify Starfighters' position in this rapidly evolving landscape.
See More
AST SpaceMobile Targets April Launch for BlueBird-7 Satellite
- Launch Window Selection: AST SpaceMobile is targeting an April 10 launch for its BlueBird-7 satellite aboard Blue Origin's New Glenn-3 mission, coinciding with NASA's Artemis II mission, marking the first crewed lunar flight since 1972, which may attract increased attention and investment.
- Satellite Network Support: BlueBird-7 will support AST SpaceMobile's direct-to-cell satellite network, allowing standard smartphones to remain connected beyond terrestrial coverage, a technological innovation that could enhance the company's competitiveness in the global communications market.
- Positive Market Reaction: Although AST SpaceMobile's stock fell over 10% last Friday, it has more than tripled over the past year, indicating investor optimism regarding the upcoming launch, especially as user sentiment on the social media platform Stocktwits remains neutral with a nearly 70% increase in message volume.
- NASA Mission Preparations: NASA's Artemis II mission preparations are in the final stages, with astronauts entering pre-launch quarantine to ensure readiness, and if weather conditions permit, this will lay the groundwork for future Artemis missions, indirectly boosting AST SpaceMobile's market performance.
See More
SpaceX IPO Expected to Ignite Space Stock Surge
- SpaceX IPO Outlook: SpaceX is expected to file for an IPO that could raise up to $75 billion and value the company at $1.75 trillion, potentially opening the door for everyday investors to enter the space industry, breaking the exclusivity held by insiders over the past decade.
- Market Sentiment Shift: The public debut of SpaceX may trigger increased interest in other space exploration stocks, with companies like AST SpaceMobile and Rocket Lab likely to see price increases driven by a bullish sentiment spillover, further enhancing their valuations.
- Direct Beneficiary - EchoStar: EchoStar, a satellite telecommunications company, has secured a 2% equity stake in SpaceX through a recent transaction, currently valued at around $11 billion, which could significantly increase in value post-IPO, reflecting the market's enthusiasm for the space sector.
- Urgency for Investment Opportunities: As the SpaceX IPO approaches, investors need to expedite their research on related stocks to capitalize on fleeting investment opportunities during the price discovery phase, especially given EchoStar's stock has surged over 52% in the past six months.
See More
SpaceX IPO Could Ignite Bullish Sentiment in Space Stocks
- SpaceX IPO Outlook: SpaceX is expected to file for an IPO that could raise up to $75 billion and value the company at $1.75 trillion, which would bring unprecedented attention to the space industry and potentially attract more investors into this sector.
- Indirect Beneficiary Stocks: As the SpaceX IPO approaches, other space stocks like AST SpaceMobile and Rocket Lab may benefit from the bullish sentiment, with expectations that their valuations could surge due to heightened market enthusiasm for space exploration.
- Direct Benefits for EchoStar: EchoStar secured a 2% equity stake through its transaction with SpaceX, currently valued at around $11 billion, and if SpaceX's IPO is successful, the value of EchoStar's stake could significantly increase, further driving its stock price upward.
- Importance of Market Research: Investors should expedite their research on related stocks, particularly EchoStar, which has seen a 52% increase in its stock price over the past six months, indicating market recognition of its future potential, and they should seize this opportunity ahead of the SpaceX IPO.
See More
SpaceX IPO Sparks Surge in Space Stocks
- SpaceX IPO Outlook: SpaceX is preparing to file its IPO prospectus, potentially becoming the largest IPO in history by raising $75 billion and achieving a valuation of $1.75 trillion, which may make other space companies appear cheaper and attract investor interest.
- AST SpaceMobile Reaction: Following the SpaceX news, AST SpaceMobile's stock surged by 10.4%, but it subsequently fell by 8.5% on Thursday, indicating investor concerns over its valuation at 325 times sales amidst a lack of earnings.
- Rocket Lab Performance: Rocket Lab's stock also rose by 10.3% due to the SpaceX announcement but dropped 9.5% afterward; despite its consistent revenue growth and potential profitability next year, its valuation at nearly 60 times sales remains high.
- Investor Caution: While the SpaceX IPO prospect has generated market excitement, investors are showing caution towards the high valuations of AST SpaceMobile and Rocket Lab, reflecting uncertainties about the future of the space industry.
See More
SpaceX Set to File IPO, Anticipated to Raise $75 Billion
- IPO Anticipation: SpaceX is expected to file its IPO prospectus within days, aiming to raise $75 billion, which would make it the largest IPO in history with a valuation of $1.75 trillion, potentially overshadowing other space companies.
- Market Reaction: The news of SpaceX's IPO sparked investor enthusiasm, with AST SpaceMobile shares rising 10.4% and Rocket Lab increasing by 10.3%, indicating strong market interest and confidence in the aerospace sector.
- Price Volatility: However, the following trading day saw AST SpaceMobile and Rocket Lab stocks drop 8.5% and 9.5%, respectively, reflecting investor concerns over high valuations and rapid shifts in market sentiment.
- Investment Advice: While Rocket Lab shows stable revenue growth and is expected to be profitable next year, its stock trades at nearly 60 times sales, prompting investors to carefully assess their buying decisions to avoid entering at inflated prices.
See More
Starfighters Partners with Blackstar for Hypersonic Flight Testing
- Strategic Partnership: Starfighters Space has signed a Technical Interchange Agreement with Blackstar Orbital to advance flight testing of reusable hypersonic 'SpaceDrone' systems, with captive carry tests expected in Q4 FY26, marking a critical transition from simulation to real-world flight testing that could propel the development of a new class of reusable satellites.
- Flight Testing Initiative: This collaboration will utilize Starfighters' F-104 supersonic aircraft for manned flight tests, culminating in a high-altitude supersonic release that models the reentry flight trajectory of Blackstar's 'microshuttle' platform, further validating its performance in real-world conditions.
- Innovative Technical Interface: Starfighters has provided a specialized BL75 pylon as the structural interface between the F-104 and the SpaceDrone, enabling phased captive carry and eventual release testing, thereby enhancing its technical capabilities in the aerospace sector.
- Expanding Market Potential: With the U.S. Space Force budget reaching $40 billion, hypersonic testing and reusable space systems are emerging as one of the fastest-growing segments in the aerospace and defense market, and this partnership will further solidify Starfighters' position in this rapidly evolving landscape.
See More
