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$ASTS AST SpaceMobile announced its first quarter 2026 results.. the stock drops 11% and erases all last week's gains after the results
- Revenue = $14.7 million (vs. expectations of $38 million)
- Net loss = $191 million
- Available cash = $3.5 billion
- Next launch in mid-June for BlueBird 8 + BlueBird 9 + BlueBird 10 on Falcon 9 from @SpaceX
- BlueBird 11 to BlueBird 33 in advanced stages of production and assembly
- The company received an official license to provide commercial SpaceMobile service in the US (old news but confirmed)
2026 annual guidance:
- Confirm full-year 2026 guidance = $150 - $200 million in revenue
- Confirm goal of 45 satellites in orbit by the end of 2026
##DailyPolymarketHotspot #CapitalFlowsBackToAltcoins $XAUUSD $GT $SOL $ASTS