AST SpaceMobile Stock Swings As Investors Weigh Impact Of SpaceX IPO Rumors

AST SpaceMobile Inc (NASDAQ:ASTS) shares are trading higher Friday morning, continuing their volatility after the stock slid as much as 24% over the course of the week amid heavy selling pressure.

This week’s pullback follows a torrid run that pushed the satellite-to-smartphone developer above $120 earlier this year, leaving the $30-billion company trading at extreme sales and book-value multiples despite just $18.5 million in trailing revenue and sizable operating losses.

Here’s what investors need to know.

• AST SpaceMobile stock is trading near recent highs. What’s the outlook for ASTS shares?

SpaceX IPO Rumors Drive Sector Rotation

The latest wave of volatility is being blamed on intensifying chatter that SpaceX could pursue an IPO valued around $1.5 trillion, potentially at 60–70x sales. That prospect has potentially prompted investors to hoard cash and rotate out of existing space names to ensure dry powder for a possible listing in Elon Musk's flagship company.

For ASTS specifically, the rumors cut two ways. SpaceX's Starlink network already dominates satellite connectivity and is pushing into direct-to-device service with mobile partners, narrowing ASTS's technological differentiation.

At the same time, a richly valued, pre-revenue story like ASTS is especially sensitive to any hint that sector multiples might reset once SpaceX sets a new benchmark for profitability and scale.

Why AST SpaceMobile Volatility May Persist

With ASTS priced almost entirely on future execution, serial satellite launches, regulatory approvals and a 2026 commercial ramp, any shift in risk appetite can trigger outsized moves in the stock.

Until investors see sustained revenue from its BlueBird constellation, ASTS is likely to trade as a high-beta satellite around the gravitational pull of a potential SpaceX IPO, rather than strictly on its own fundamentals.

AST SpaceMobile Stock Remains In Long-Term Uptrend

AST SpaceMobile is currently trading 8.0% below its 20-day simple moving average (SMA) but is 14.0% above its 100-day SMA, demonstrating longer-term strength.

Over the past 12 months, shares have surged 247.33%, and they are currently positioned closer to their 52-week highs than lows, reflecting a strong upward trend.

AST SpaceMobile Technicals Signal Neutral Momentum

The stock’s RSI is at 46.51, which is considered neutral territory, suggesting that ASTS shares are neither overbought nor oversold. Meanwhile, MACD is below its signal line, indicating bearish pressure on the stock.

The combination of neutral RSI and bearish MACD suggests mixed momentum, indicating that while the stock is not in a strong bullish phase, it is also not in a severe downtrend.

• Key Resistance: $103.00

ASTS Price Action: AST SpaceMobile shares were up 4.61% at $97.67 at the time of publication on Friday, according to Benzinga Pro data.

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