# AST SpaceMobile Plunged 8.7% After Earnings

> AST SpaceMobile shares dropped 8.7% after reporting 187% revenue growth that missed expectations.
- Title: AST SpaceMobile Plunged 8.7% After Earnings · The Motley Fool
- Summary: AST SpaceMobile shares dropped 8.7% after reporting 187% revenue growth that missed expectations.
- Keywords: ast spacemobile, space x, space exploration technologies, revenue growth, stock price, spacex, inflation report, interest rates, The Motley Fool
- Source: The Motley Fool — https://fool.com/investing/2026/11/10/why-ast-spacemobile-plunged-today
- Author: Billy Duberstein
- Published: 2026-11-10T21:30:40+00:00
- Read time: 1 min
- Topics: ast spacemobile, space x, space exploration technologies, revenue growth, stock price, spacex, inflation report, interest rates, finance, money
## AST SpaceMobile Earnings Report
AST SpaceMobile reported third-quarter revenue growth of 187.3% but missed expectations.
## Stock Price Plunged 8.7%
Shares dropped 8.7% following the earnings report release.
## Inflation Report Impact
Hotter-than-expected inflation data may prompt Federal Reserve rate hikes.
## SpaceX Competition Pressure
SpaceX's direct-to-cell mobile service threatens AST's market position.
## Loss-Making Business Model
AST's gross margin is negative 24,279.14% with high operating expenses.
## Future Launch Plans
AST plans to launch its Blacklift rocket by late 2028 for satellite deployment.
## Key takeaway

AST SpaceMobile's stock fell 8.7% as investors reacted to third-quarter earnings that missed expectations despite 187% revenue growth.