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ASTS took a massive hit today/tonight between the SpaceX IPO noise and the Blue Origin explosion. If you missed the boat earlier, this is it
Source: Reddit Stocks · 2026-05-29
We just witnessed a textbook panic drop. ASTS was riding an absolute tear on the pre-IPO SpaceX hype, and the second things cooled down combined with Jeff Bezos's New Glenn rocket pulling a mini-nuke impression on the launch pad last night, retail completely panicked. Here is why this selloff is entirely irrational and why I’m aggressively buying the dip today: The Blue Origin explosion changes literally nothing for ASTS. Blue Origin was testing for Amazon's Project Kuiper network. ASTS doesn't
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