AST SpaceMobile stock: A $27 billion dream riding on a December rocket

AST SpaceMobile (ASTS) are soaring after the company locked in new rocket launches for December.

AST SpaceMobile confirmed on social media that its BlueBird 6 satellite, designed to deliver direct-to-cell broadband connectivity from space to ordinary smartphones without special hardware, is scheduled to launch on Dec. 15 from a space center in India.

The satellite is part of the company’s effort to build a global low-Earth-orbit network capable of providing cellular service in remote and underserved regions.

Analyst Shay Boloor underscored the importance of the mission, calling BlueBird 6 “the largest commercial communications array ever placed in low Earth orbit,” and said the launch marks the beginning of a multi-launch campaign targeting 45 to 60 satellites ahead of full commercial service in 2026.

For now, AST SpaceMobile appears to be following through on its ambitious plan to rapidly scale its in-orbit satellite network next year. The company’s connection to India is no coincidence.

As InvestorsObserver previously reported, AST SpaceMobile has partnered with Vodafone Idea in a deal aimed at expanding direct-to-cell coverage to hundreds of millions of users across the Indian subcontinent.

This market could prove pivotal to the company’s long-term commercial strategy.

The ultimate goal is to target global connectivity gaps and potentially bring internet access to hundreds of millions, if not billions, of people still offline.

In India and China alone, the offline population is estimated at nearly one billion people combined.

AST SpaceMobile’s long path to profitability

The gulf between AST SpaceMobile’s market valuation and its underlying business metrics is among the most striking in the direct-to-cell satellite communications industry.

The stock now carries a market capitalization of roughly $27 billion, after surging more than 240% year to date.

Yet the company’s trailing 12-month revenue remains below $20 million, according to data compiled by Yahoo Finance.

Revenue totaled $14.7 million in the third quarter of 2025, while the company reported a net loss of $122.9 million, or $0.45 per share. Both results came in below expectations.

AST SpaceMobile also used $136.5 million in cash for operating activities during the period, though it still reported a sizable cash balance of about $1.2 billion as of Sept. 30, giving the company a substantial liquidity cushion as it pushes toward commercial scale.

Nevertheless, Chairman and CEO Abel Avellan sought to put the results in context, pointing to the sharp acceleration in revenue compared with a year earlier. “

During the past few months, commercial activity has significantly accelerated, demonstrating the robust demand for our solution across the ecosystem,” he said.