Starfighters Space to Join Russell 3000 Index
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Newsfilter
- Russell 3000 Inclusion: Starfighters Space, Inc. (NYSE:FJET) announced its addition to the Russell 3000 Index effective June 29, 2026, which will enhance visibility among institutional investors and potentially attract more attention from the investment community.
- Unique Aerospace Asset: The company operates a fleet of seven F-104 supersonic jets at NASA's Kennedy Space Center in Florida, capable of supporting various research and testing missions, highlighting its unique positioning in the aerospace sector.
- Increased Market Awareness: While index inclusion does not alter the company's fundamentals, it may enhance awareness of smaller public companies, particularly in niche aerospace markets, helping them gain broader market recognition.
- Commercialization Challenges: The future focus will be on whether Starfighters can convert its unique aerospace platform into sustained commercial activity and market recognition, with investors closely monitoring its progress in this area.
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Analyst Views on ASTS
Wall Street analysts forecast ASTS stock price to fall
8 Analyst Rating
3 Buy
4 Hold
1 Sell
Hold
Current: 107.290
Low
43.00
Averages
91.68
High
137.00
Current: 107.290
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 a 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 Shares Surge 53.5% Amid Market Speculation
- Stock Surge: AST SpaceMobile's shares jumped 53.5% last month, reflecting optimistic market sentiment about its future potential, especially ahead of the upcoming SpaceX IPO, with a staggering 389% increase over the past year.
- Market Positioning: Competing directly with Starlink in satellite internet, AST SpaceMobile aims to deliver high-speed internet directly to mobile devices through ultra-large array technology, eliminating the need for terminal devices, although it is still in the satellite deployment phase with minimal revenue.
- Financial Strength: With a cash balance of $3 billion at the end of the last quarter, AST SpaceMobile is well-positioned to continue advancing satellite construction and launch contracts, with projected revenues of $150 million to $200 million by 2026, primarily driven by U.S. government contracts and partnerships with global mobile carriers.
- Market Risks: Despite AST SpaceMobile's vast potential, its stock price already reflects expectations of success, with a current market cap of $46 billion, prompting caution among investors due to the uncertainties involved in building a satellite internet service, which could lead to disappointment in the coming years.
See More
Starfighters Space to Join Russell 3000 Index
- Index Inclusion Impact: Starfighters Space, Inc. (NYSE American: FJET) announced its addition to the Russell 3000 Index effective June 29, 2026, which will enhance its visibility among institutional investors and potentially attract more index-related investments.
- Unique Aerospace Asset: The company operates a fleet of seven F-104 supersonic jets at NASA's Kennedy Space Center in Florida, capable of supporting various research and testing missions, showcasing its unique positioning in the aerospace sector.
- Increased Market Awareness: While index inclusion does not alter the company's fundamentals, it may enhance market awareness of Starfighters, particularly among investors in the public space sector, facilitating deeper due diligence.
- Commercial Conversion Challenge: The future key lies in whether Starfighters can translate its unique aerospace platform into sustained commercial activity; although the index event may broaden visibility, the core issue remains its ability to achieve long-term market recognition.
See More
Starfighters Space to Join Russell 3000 Index
- Russell 3000 Inclusion: Starfighters Space, Inc. (NYSE:FJET) announced its addition to the Russell 3000 Index effective June 29, 2026, which will enhance visibility among institutional investors and potentially attract more attention from the investment community.
- Unique Aerospace Asset: The company operates a fleet of seven F-104 supersonic jets at NASA's Kennedy Space Center in Florida, capable of supporting various research and testing missions, highlighting its unique positioning in the aerospace sector.
- Increased Market Awareness: While index inclusion does not alter the company's fundamentals, it may enhance awareness of smaller public companies, particularly in niche aerospace markets, helping them gain broader market recognition.
- Commercialization Challenges: The future focus will be on whether Starfighters can convert its unique aerospace platform into sustained commercial activity and market recognition, with investors closely monitoring its progress in this area.
See More
SpaceX to Go Public on June 12, Targeting $75 Billion in Largest IPO Ever
- Record IPO Size: SpaceX is set to go public on June 12, aiming to raise up to $75 billion with a valuation of approximately $2 trillion, marking the largest IPO in history; however, this valuation represents 107 times its projected 2025 sales, highlighting significant profitability concerns.
- Profitability Analysis: In 2025, 61% of SpaceX's revenue came from Starlink, its only profitable segment, yet these profits could not offset the substantial losses from its space and AI divisions, which reported an operating loss of $6.4 billion, indicating a fragile business model.
- AI Investment Risks: Following the integration of xAI into its core operations, SpaceX posted a staggering net loss of $4.3 billion in Q1 2026, despite generating $4.7 billion in revenue, suggesting that its AI investments will continue to weigh heavily on its financial performance, potentially turning it into a meme stock.
- Market Competition Landscape: Although SpaceX's revenue grew by 33% in 2025, its AI investments will hinder its profitability, leading analysts to recommend investing in smaller competitors like Rocket Lab and AST SpaceMobile to avoid the high valuation risks associated with SpaceX's explosive market debut.
See More
SpaceX IPO Faces Massive Losses and Overvaluation
- Staggering IPO Valuation: SpaceX is set to go public on June 12, aiming to raise up to $75 billion, which would value the company at approximately $2 trillion, making it the largest IPO in history, yet this valuation represents 107 times its projected 2025 sales, indicating severe overvaluation.
- Profitability Issues: In 2025, SpaceX generated 61% of its revenue from its Starlink service, but the losses from its space and AI divisions severely impacted overall profitability, with the AI division posting an operating loss of $6.4 billion that year.
- Deteriorating Financial Condition: Following the integration of xAI, SpaceX reported a staggering net loss of $4.3 billion in Q1 2026, despite generating $4.7 billion in revenue, highlighting the increasing financial burden of AI investments and the urgent need for fresh capital.
- User Growth Amid Cost Pressures: Starlink's subscriber base reached 10.3 million in Q1 2026, up from 8.9 million at the end of 2025, but the average revenue per user is declining, indicating that while economies of scale are reducing terminal manufacturing costs, overall profitability remains under pressure.
See More
SpaceX IPO Faces Setback as Space Stocks Decline
- Space Stock Decline: Space stocks fell overnight as S&P announced no changes to eligibility criteria for newly listed megacaps, with AST SpaceMobile down 2%, Rocket Lab and Redwire each down 3%, and Sidus Space down 1%, reflecting market disappointment over SpaceX's IPO prospects.
- Financial Challenges for SpaceX: Reporting a net loss of $4.94 billion in 2025, SpaceX fails to meet S&P 500's profitability requirements, hindering its potential rapid inclusion in the index post-IPO and dampening investor demand expectations for its shares.
- IPO Pricing and Market Potential: SpaceX plans to sell 555.6 million shares at $135 each, raising $75 billion and achieving a valuation of $1.77 trillion, although concerns about its weak financials contrast with its claim of having the “largest actionable total addressable market in human history,” raising investor apprehensions.
- Opportunities with Nasdaq: Despite S&P's ruling posing a hurdle for SpaceX, Nasdaq has revised its rules to facilitate the inclusion of newly listed megacaps into the Nasdaq-100, potentially providing SpaceX with a new pathway to attract investor interest and capital.
See More
AST SpaceMobile Shares Surge 53.5% Amid Market Speculation
- Stock Surge: AST SpaceMobile's shares jumped 53.5% last month, reflecting optimistic market sentiment about its future potential, especially ahead of the upcoming SpaceX IPO, with a staggering 389% increase over the past year.
- Market Positioning: Competing directly with Starlink in satellite internet, AST SpaceMobile aims to deliver high-speed internet directly to mobile devices through ultra-large array technology, eliminating the need for terminal devices, although it is still in the satellite deployment phase with minimal revenue.
- Financial Strength: With a cash balance of $3 billion at the end of the last quarter, AST SpaceMobile is well-positioned to continue advancing satellite construction and launch contracts, with projected revenues of $150 million to $200 million by 2026, primarily driven by U.S. government contracts and partnerships with global mobile carriers.
- Market Risks: Despite AST SpaceMobile's vast potential, its stock price already reflects expectations of success, with a current market cap of $46 billion, prompting caution among investors due to the uncertainties involved in building a satellite internet service, which could lead to disappointment in the coming years.
See More
Starfighters Space to Join Russell 3000 Index
- Index Inclusion Impact: Starfighters Space, Inc. (NYSE American: FJET) announced its addition to the Russell 3000 Index effective June 29, 2026, which will enhance its visibility among institutional investors and potentially attract more index-related investments.
- Unique Aerospace Asset: The company operates a fleet of seven F-104 supersonic jets at NASA's Kennedy Space Center in Florida, capable of supporting various research and testing missions, showcasing its unique positioning in the aerospace sector.
- Increased Market Awareness: While index inclusion does not alter the company's fundamentals, it may enhance market awareness of Starfighters, particularly among investors in the public space sector, facilitating deeper due diligence.
- Commercial Conversion Challenge: The future key lies in whether Starfighters can translate its unique aerospace platform into sustained commercial activity; although the index event may broaden visibility, the core issue remains its ability to achieve long-term market recognition.
See More
Starfighters Space to Join Russell 3000 Index
- Russell 3000 Inclusion: Starfighters Space, Inc. (NYSE:FJET) announced its addition to the Russell 3000 Index effective June 29, 2026, which will enhance visibility among institutional investors and potentially attract more attention from the investment community.
- Unique Aerospace Asset: The company operates a fleet of seven F-104 supersonic jets at NASA's Kennedy Space Center in Florida, capable of supporting various research and testing missions, highlighting its unique positioning in the aerospace sector.
- Increased Market Awareness: While index inclusion does not alter the company's fundamentals, it may enhance awareness of smaller public companies, particularly in niche aerospace markets, helping them gain broader market recognition.
- Commercialization Challenges: The future focus will be on whether Starfighters can convert its unique aerospace platform into sustained commercial activity and market recognition, with investors closely monitoring its progress in this area.
See More
SpaceX to Go Public on June 12, Targeting $75 Billion in Largest IPO Ever
- Record IPO Size: SpaceX is set to go public on June 12, aiming to raise up to $75 billion with a valuation of approximately $2 trillion, marking the largest IPO in history; however, this valuation represents 107 times its projected 2025 sales, highlighting significant profitability concerns.
- Profitability Analysis: In 2025, 61% of SpaceX's revenue came from Starlink, its only profitable segment, yet these profits could not offset the substantial losses from its space and AI divisions, which reported an operating loss of $6.4 billion, indicating a fragile business model.
- AI Investment Risks: Following the integration of xAI into its core operations, SpaceX posted a staggering net loss of $4.3 billion in Q1 2026, despite generating $4.7 billion in revenue, suggesting that its AI investments will continue to weigh heavily on its financial performance, potentially turning it into a meme stock.
- Market Competition Landscape: Although SpaceX's revenue grew by 33% in 2025, its AI investments will hinder its profitability, leading analysts to recommend investing in smaller competitors like Rocket Lab and AST SpaceMobile to avoid the high valuation risks associated with SpaceX's explosive market debut.
See More
SpaceX IPO Faces Massive Losses and Overvaluation
- Staggering IPO Valuation: SpaceX is set to go public on June 12, aiming to raise up to $75 billion, which would value the company at approximately $2 trillion, making it the largest IPO in history, yet this valuation represents 107 times its projected 2025 sales, indicating severe overvaluation.
- Profitability Issues: In 2025, SpaceX generated 61% of its revenue from its Starlink service, but the losses from its space and AI divisions severely impacted overall profitability, with the AI division posting an operating loss of $6.4 billion that year.
- Deteriorating Financial Condition: Following the integration of xAI, SpaceX reported a staggering net loss of $4.3 billion in Q1 2026, despite generating $4.7 billion in revenue, highlighting the increasing financial burden of AI investments and the urgent need for fresh capital.
- User Growth Amid Cost Pressures: Starlink's subscriber base reached 10.3 million in Q1 2026, up from 8.9 million at the end of 2025, but the average revenue per user is declining, indicating that while economies of scale are reducing terminal manufacturing costs, overall profitability remains under pressure.
See More
SpaceX IPO Faces Setback as Space Stocks Decline
- Space Stock Decline: Space stocks fell overnight as S&P announced no changes to eligibility criteria for newly listed megacaps, with AST SpaceMobile down 2%, Rocket Lab and Redwire each down 3%, and Sidus Space down 1%, reflecting market disappointment over SpaceX's IPO prospects.
- Financial Challenges for SpaceX: Reporting a net loss of $4.94 billion in 2025, SpaceX fails to meet S&P 500's profitability requirements, hindering its potential rapid inclusion in the index post-IPO and dampening investor demand expectations for its shares.
- IPO Pricing and Market Potential: SpaceX plans to sell 555.6 million shares at $135 each, raising $75 billion and achieving a valuation of $1.77 trillion, although concerns about its weak financials contrast with its claim of having the “largest actionable total addressable market in human history,” raising investor apprehensions.
- Opportunities with Nasdaq: Despite S&P's ruling posing a hurdle for SpaceX, Nasdaq has revised its rules to facilitate the inclusion of newly listed megacaps into the Nasdaq-100, potentially providing SpaceX with a new pathway to attract investor interest and capital.
See More
