NASATema Space Innovators ETF

Scotiabank upgraded ASTS, highlighting the company’s partnerships and upcoming launches as key growth drivers.

The U.S. Transportation Department and the Federal Aviation Administration (FAA) have proposed sweeping rules to grant environmental review waivers for commercial rocket launches and spaceport operations, bypassing long-standing regulatory hurdles.

AST SpaceMobile will launch BlueBird satellites 11, 12, and 13 aboard a SpaceX Falcon 9 rocket on August 5 from Cape Canaveral.

Citizens said supplier checks at the Farnborough Airshow last week showed stronger-than-expected demand and launch volumes across the space launch market, a positive sign for Rocket Lab’s government and commercial launch business.

The proposed Amazon Leo Direct-to-Device system would deploy up to 5,105 low Earth orbit satellites beginning in 2028 and build on the company's satellite ambitions.

Morgan Stanley said that while many investors expect SpaceX shares to fall to $100 as IPO lock-up restrictions expire, such a valuation would imply little or no value for the company’s AI business.

The company said clear ground imagery of the launch vehicle’s heatshield during ascent at higher dynamic pressure is a key objective that Thursday’s weather forecast would not support.

The brokerage said the pullback has been driven by disruptions involving third-party launch vehicles, not by lost customer contracts or a slowdown in demand for direct-to-device satellite connectivity.

The $1-billion unrealized gain on SpaceX holdings provided a notable boost to Tesla’s reported net income for the second quarter.