What Happened
Rocket Lab And AST SpaceMobile Shares Climb On SpaceX Momentum
Shares of Rocket Lab and AST SpaceMobile rose in premarket trading ahead of their quarterly earnings reports, driven by optimism following SpaceX’s strong earnings results. SpaceX’s revenue nearly doubled, fueled by its booming Starlink satellite communications and AI businesses. Rocket Lab’s quarterly revenue is expected to grow 15%, while AST SpaceMobile’s quarterly revenue is expected to surge 133%. The earnings reports were first reported by Unknown Source.