AST SpaceMobile Seeks Growth Amid Trump-Musk Tensions

DALLAS, Texas — In mid-June 2025, AST SpaceMobile (NASDAQ: ASTS) saw its stock reach its highest price in nearly 10 months, spurred by a recent dispute between President Donald Trump and tech entrepreneur Elon Musk. Analysts predict nearly 19% upside potential for the company’s shares.

The five-day stock return of over 38% has raised concerns for investors regarding sustainability, especially as much of the surge appears driven by speculation around the high-profile feud. Despite this, AST SpaceMobile’s impressive growth trajectory reveals its potential in the evolving satellite telecommunications landscape.

In the past year, the company has seen its stock surge nearly 262%, although it faces significant competition from Musk’s Starlink, a service under SpaceX which controls a substantial portion of the satellite internet market. Analysts note that Starlink operates with two-thirds of the internet satellites in orbit, raising fears of a possible monopoly.

Concerns about Starlink emerged post-last November’s election due to Musk’s rapport with Trump and his influence in federal agencies. However, the recent tensions between the two could challenge Starlink’s market hold. Trump recently hinted at revoking federal contracts with Musk’s companies following Musk’s criticisms.

Despite external pressures, AST SpaceMobile has made significant infrastructure advancements, including partnerships with major telecommunications providers and contracts with government agencies such as a $43 million agreement with the United States Space Development Agency.

The company aims to activate its cellular broadband services across multiple continents, projecting revenue opportunities of $50 million to $75 million in the latter half of 2025. Investor caution remains due to uncertainties surrounding competition and market dynamics.

Nevertheless, as AST SpaceMobile prepares for five orbital launches over the next six to nine months, market confidence may hinge on its ability to deliver on its ambitious objectives and establish a foothold in the competitive satellite broadband sector.