The "space meme stock" AST SpaceMobile successfully launched the largest satellite to date, challenging SpaceX's Starlink

AST SpaceMobile successfully launched its largest satellite ever, BlueBird 6, on Wednesday, marking the official start of competition with SpaceX's Starlink for this space communications company. The satellite was launched from India and is designed to provide direct satellite service to ordinary smartphones, covering an area of 2,400 square feet, which is three times that of the company's previous satellites.

After the launch announcement, AST SpaceMobile's stock price soared to $92.95 during intraday trading, before retreating to close down 8.9% at $78.05. Nevertheless, the stock has still risen 270% year-to-date, making it one of the standout space concept stocks for 2025.

This launch is significant for the low Earth orbit satellite communications industry. AST SpaceMobile plans to deploy 45 to 60 satellites by 2026, directly challenging SpaceX's Starlink, which already has over 9,400 satellites. Industry insiders expect 2026 to be a key year for low Earth orbit satellite competition, especially in the context of SpaceX preparing for an IPO.

The company has established partnerships with major telecom operators such as AT&T, Verizon, and Vodafone, aiming to integrate satellite coverage with existing cellular networks to provide mobile communication services to remote areas.

Record-Breaking Satellite Successfully Launched

AST SpaceMobile's BlueBird 6 satellite was successfully launched at 10:25 PM Eastern Time on December 23 aboard the LVM3 rocket from the Satish Dhawan Space Centre located in Sriharikota, India.

The satellite is referred to by the company as "the largest commercial communications array ever deployed in low Earth orbit," with a deployed area of nearly 2,400 square feet, three times that of the previous BlueBird 1-5 satellites. The satellite is designed to provide high-speed 4G and 5G air-based cellular broadband services directly to standard smartphones without any modifications.

CEO Abel Avellan thanked Indian Prime Minister Narendra Modi for supporting the U.S.-India space partnership after the launch. The company currently operates six satellites in orbit, specifically covering mobile signal dead zones for wireless companies.

Market Enthusiasm Behind Stock Price Surge

AST SpaceMobile's stock performance reflects high investor interest in the space communications concept. The stock reached a high of $92.95 during intraday trading, and despite closing lower, its 270% increase this year still far exceeds the overall market performance.

The company has a fervent group of investors, with a large following on Reddit, dedicated podcasts, and social media accounts. As a startup that went public in 2019, AST SpaceMobile has signed contracts this year with key clients such as Verizon and Vodafone. AST SpaceMobile's overall stock rating is 79 points (out of a maximum of 99), with a relative strength rating as high as 98 points, reflecting its outstanding performance among peer stocks. Other space stocks, such as Rocket Lab, which provides launch services, have also surged this year, while Firefly Aeronautics and Virgin Galactic have performed poorly.

2026: A Key Year for Commercialization

AST SpaceMobile plans to deploy 45 to 60 next-generation satellites in 2026, marking a critical moment for the company's commercialization. Company president Scott Wisniewski stated that deploying the network and launching commercial services in initial strategic markets in 2026 is the company's main focus.

Currently, the company has established partnerships with major telecom providers such as AT&T, Verizon Communications, and Vodafone Group, planning to integrate satellite coverage with existing cellular networks. This direct-to-smartphone satellite service model directly competes with SpaceX's Starlink.

Meanwhile, SpaceX's Starlink maintains a significant lead in this field, with over 9,400 satellites in orbit, forming the largest satellite constellation in history. Recent data shows that Starlink adds over 21,000 new customers daily, bringing the total global user count to 9 million. SpaceX has partnered with T-Mobile and plans to go public next year.

The Low Earth Orbit Satellite Race Heats Up

Industry analysis suggests that the low Earth orbit satellite industry will accelerate its development next year. SpaceX recently registered the "Starlink Mobile" trademark, and Musk has confirmed that SpaceX will go public next year, which will bring more attention and funding to the entire industry.

In addition to direct-to-phone services, AI data centers will also be deployed into space via SpaceX rockets, indicating that this industry is still in its early development stage. Industry insiders expect the competitive focus to gradually shift from low Earth orbit satellites to the Moon, ultimately extending to Mars.

AST SpaceMobile's successful launch marks a significant change in the competitive landscape of the low Earth orbit satellite communication market, with 2026 expected to be a key year in determining the future direction of the industry