Stock Market Today, June 12: AST SpaceMobile Drops on Space Stock Shakeout After SpaceX Debut

AST SpaceMobile stock fell 15.53% on June 12, 2026, amid a broader space-stock shakeout following SpaceX's IPO debut. The decline reflects profit-taking after strong recent gains and investor concerns about increased competition from SpaceX's Starlink service. Despite the pullback, AST SpaceMobile has grown 744% since its 2019 IPO, though the company faces a long road to profitability.

06/12/2026, 5:09 PM • The Motley Fool

SpaceX IPO Warning: Amazon Poses Real Threat

SpaceX is preparing for an IPO that will include Starlink, X, and xAI. While Starlink is highly profitable with 60% operating margins and generated $10.4 billion in 2025 revenue, Amazon's competing Leo satellite constellation poses a significant threat. Amazon has 300 Leo satellites in orbit and plans to reach 600 for commercial service by end of 2026, which could trigger price competition and erode SpaceX's profit margins.

05/09/2026, 5:05 AM • The Motley Fool

Why Sirius XM Holdings Rallied in April

Sirius XM stock rallied 16.7% in April following a landmark partnership announcement with YouTube's advertising platform and a significant analyst upgrade. The company also reported Q1 earnings that beat expectations with improving subscriber losses and strong free cash flow growth. An analyst raised the price target from $24 to $46, citing the YouTube deal as validation of Sirius' ad technology and potential value from its S-band satellite spectrum assets.

05/08/2026, 8:07 AM • The Motley Fool

Massive News: This Satellite Stock Could Be Amazon's Next Big Acquision

Amazon's reported acquisition of Globalstar, a satellite communications company, could reshape the competitive landscape in the satellite industry, particularly in competition with SpaceX. The article analyzes why Globalstar is strategically valuable and whether the market has already priced in the potential upside from this deal.

04/21/2026, 11:30 AM • The Motley Fool

Stock Market Today, April 20: AST SpaceMobile Falls After BlueBird 7 Satellite Fails to Reach Planned Orbit

AST SpaceMobile stock fell 5.30% on April 20, 2026, after its BlueBird 7 satellite failed to reach its planned orbit during a Blue Origin launch. The satellite will be destroyed in atmospheric re-entry, delaying the company's satellite deployment plans despite insurance coverage. The failure dampened investor sentiment despite the stock's 250% gain over the past 12 months.

04/20/2026, 5:22 PM • The Motley Fool

SpaceX Could Soon Run Into a $2.7 Trillion Roadblock Named Amazon

SpaceX is preparing for a $2 trillion IPO to capitalize on its successful Starlink satellite internet service, which generated $15-16 billion in revenue last year. However, Amazon's entry into the satellite internet market with Amazon Leo poses a significant competitive threat. Amazon has already launched 180 satellites with plans for over 3,000, acquired Globalstar for $11.6 billion to enable direct-to-device services, and partnered with Apple. With $123 billion in cash and the ability to bundle services with AWS and Prime, Amazon could become a formidable competitor that may slow SpaceX's growth.

04/20/2026, 4:11 AM • The Motley Fool

Consumer Tech News (April 13-17): Amazon Buys Globalstar, Snap Cuts Jobs & More

Major tech developments this week include Amazon's acquisition of Globalstar for satellite communications capabilities, Snap's significant workforce reduction of 16%, and strong earnings from Taiwan Semiconductor Manufacturing. Other highlights include Uber's $10 billion robotaxi investment commitment, Aehr Test Systems' $41 million AI customer order, and various strategic partnerships across the tech and defense sectors.

04/19/2026, 8:31 AM • Benzinga

Why Iridium Stock Soared by 22% This Week

Iridium Communications stock surged 22% this week following Amazon's $11 billion acquisition of competitor Globalstar. The deal, which adds Globalstar's direct-to-device satellite services to Amazon's Leo network, has heightened investor interest in satellite companies and their strategic value in telecommunications, defense, and emerging AI data center applications.

04/17/2026, 4:21 PM • The Motley Fool

Deal Dispatch: Amazon Buys Globalstar, Instacart Grabs Instaleap, QVC Announces Bankruptcy

Major M&A activity this week includes Amazon's $11.6 billion acquisition of Globalstar to accelerate its satellite internet business, Instacart's purchase of Colombian grocery tech firm Instaleap, and Avanos Medical's $1.3 billion acquisition by American Industrial Partners. Meanwhile, several companies filed for bankruptcy including QVC (over $5 billion debt), Freedom Forever (solar company), and Spirit Airlines continues to struggle.

04/17/2026, 2:33 PM • Benzinga

Bezos Just Reshaped The Space Market — Now He's Going Atomic With X‑Energy's IPO

Amazon is backing X-energy's upcoming IPO, which could raise over $800 million for the nuclear startup developing small modular reactors. Amazon invested $500 million in X-energy's Series C-1 round and has committed to purchasing up to 5 gigawatts of nuclear power by 2039. The IPO highlights Amazon's diversification beyond ecommerce into space, cloud services, and nuclear energy to power its growing data center and AI infrastructure needs.

04/16/2026, 2:35 PM • Benzinga

Bezos Just Bought What Musk Wanted — And The $200B Space War Is Escalating

Amazon acquired satellite operator Globalstar in a strategic move that appears to have blocked SpaceX from the deal. The acquisition gives Amazon valuable L-band and MSS spectrum for satellite-to-phone connectivity, complementing its Project Kuiper ambitions and aligning with Apple's existing reliance on Globalstar for emergency SOS features. Bank of America estimates the low-Earth orbit market at $200 billion, with the space race intensifying among major players.

04/15/2026, 12:08 PM • Benzinga

Amazon's $11.6 Billion Globalstar Buy Is 'Strategic Positive' For Satellite Dominance

Amazon's planned $11.6 billion acquisition of Globalstar is viewed as a strategic move to strengthen its satellite communications ambitions. The deal accelerates Amazon Leo's commercialization by adding direct-to-device capabilities and leveraging Globalstar's spectrum and infrastructure. Despite the scale difference, the acquisition has minimal near-term financial impact on Amazon given its strong balance sheet and $200 billion in planned 2026 capital expenditures.

04/15/2026, 6:29 AM • Benzinga

Stock Market Today, April 14: Amazon Rises After $11.6 Billion Globalstar Deal Fuels Satellite Internet Ambitions

Amazon announced an $11.6 billion acquisition of satellite service provider Globalstar to advance its Leo satellite internet project and compete with SpaceX's Starlink. The deal, which includes a partnership with Apple for satellite connectivity, drove Amazon stock up 3.83%. Globalstar stock rose 9.63% despite closing below the $90 per share acquisition price, likely due to regulatory complexities and Apple's 20% stake in the company.

04/14/2026, 5:24 PM • The Motley Fool

Why Globalstar Stock Jumped Today

Amazon agreed to acquire satellite operator Globalstar for over $11 billion to strengthen its space-based communications network and compete with SpaceX's Starlink. The deal, valued at $90 per share or 0.3210 Amazon shares, is expected to close in 2027. Amazon also committed to supplying satellite services to Apple, which holds a 20% stake in Globalstar.

04/14/2026, 5:05 PM • The Motley Fool

S&P 500, Nasdaq 100 Rally as Tech Gains Outweigh Energy Pullback

U.S. stock markets rallied on Tuesday with the S&P 500 up 1.1% and Nasdaq-100 up 1.6%, driven primarily by gains in the Magnificent 7 tech stocks. The rally was supported by a favorable wholesale inflation report and a pause in Iranian conflict tensions. Amazon announced the acquisition of satellite communications company Globalstar, adding to the bullish sentiment despite headwinds from elevated oil prices and recession warnings.

04/14/2026, 2:05 PM • The Motley Fool