AST SpaceMobile loses $2B in market cap on setback
AST SpaceMobile (ASTS) just lost roughly $2 billion in market cap after a failed satellite deployment raised new questions about timing. Shares fell about 5% on April 20 after BlueBird 7 was placed into an unusable orbit, increasing concerns that the company’s path to a working network and timeline …
Read MoreBlue Origin successfully reused its New Glenn rocket
Today’s launch of AST SpaceMobile’s BlueBird 7 satellite aboard Blue Origin’s reusable New Glenn rocket was a partial success. The New Glenn touched down on its landing pad without incident, making it the second launch and landing for the first stage booster, and officially giving Jeff Bezos a reusable launch vehicle. Unfortunately for AST SpaceMobile,…
Read MoreBlue Origin just launched the giant Bluebird 7 mobile phone satellite into space — but it’s in the wrong orbit
Blue Origin, the space launch company founded by Jeff Bezos, achieved a successful recovery of its first reused orbital-class rocket, but the payload it put into space was left in the wrong location.
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