AST SpaceMobile missed Q3 estimates by 114% and trades at 1,567x price-to-sales despite $1.2B in cash. Rocket Lab beat Q3 estimates by 71% with revenue up 48% year-over-year and 37% gross margins.
Are space stocks just momentum stocks? It kind of felt that way in 2024, as shares of Rocket Lab (NASDAQ: RKLB) and AST SpaceMobile (NASDAQ: ASTS) both roughly quadrupled, and Planet Labs (NYSE: PL) ...
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced the “Redemption Fair Market Value” in connection with its ...