AST SpaceMobile Gets an Apple-Sized Boost

By Travis Hoium – Jun 18, 2024 at 4:15AM EST

NASDAQ: ASTS

AST SpaceMobile

Market Cap

$32B

Today's Change

(10.59%) $11.07

Current Price

$115.62

Price as of February 3, 2026 at 3:58 PM ET

Apple is starting to incorporate satellite technology into its phones and operating system.

After signing deals with Verizon (VZ +3.68%) and AT&T (T +2.28%), AST SpaceMobile (ASTS +10.59%) got another boost last week when Apple (AAPL 0.20%) highlighted satellite technology in its newest operating system. Travis Hoium covers the potential impact in this video.

*Stock prices used were end-of-day prices of June 14, 2024. The video was published on June 16, 2024.

Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.

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@travishoium

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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

AST SpaceMobile Gets an Apple-Sized Boost

NASDAQ: ASTS

AST SpaceMobile

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