Many SpaceX rivals are showing triple-digit gains in 2024.
AST SpaceMobile is one of those stocks – soaring 378%.
Let’s discuss if it could still make you decent gains…
Or if you’d be better off with this SpaceX rival instead.
AST SpaceMobile (NASDAQ: ASTS) is a producer of low-Earth orbit (LEO) satellites.
After years of development…
ASTS is now gearing up to launch its space-based cellular broadband technology.
This could unlock massive growth opportunities.
ASTS stock has had a wild ride in 2024.
After reaching an all-time high of $38.60 in August…
It has since pulled back to $23.13 – a 39% drop.
It’s still one of the top-performing stocks of the year though.
It is up 378% year-to-date (YTD).
Some Wall Street analysts see more gains ahead.
Deutsche Bank recently increased their price target for the stock to $32 from $30.
If they’re right, this means it could still make you 38%.
And it wouldn’t surprise me if it did.
With SpaceX now sparking the new space boom…
Plus the new Republican win…
SpaceX competitors are soaring dramatically:
- Redwire (NYSE: RDW) is up 71%
- Rocket Lab (NASDAQ: RKLB) is up 104%
- Intuitive Machines (NASDAQ: LUNR) is up 78%
These are the gains in November alone.
The YTD gains are even more impressive.
Redwire is up 349%… Rocket Lab 336%… Intuitive Machines 513%…
That’s why I’m personally investing in this company I call “the next SpaceX.”
Thanks to their new breakthrough for launching LEO satellites…
It’s offering a new 457% profit opportunity for investors who buy now.
It’s an attractive alternative to SpaceX and other space launch options.
It’s preparing to go public on the NASDAQ in 2025.
And they’re completing a FINAL Pre-IPO financing.
Go here to see how to buy Pre-IPO shares asap.
Yours in Wealth,
Ian Wyatt