# AST SpaceMobile Rises 4% as Europe's Carriers Explore Satellite Bid

> Europe's top wireless carriers plan joint satellite spectrum bid, boosting AST SpaceMobile stock 4% while SpaceX and Rocket Lab lag.
- Title: AST SpaceMobile Rises 4% as Europe's Carriers Explore…
- Summary: Europe's top wireless carriers plan joint satellite spectrum bid, boosting AST SpaceMobile stock 4% while SpaceX and Rocket Lab lag. AST SpaceMobile stock…
- Keywords: ast spacemobile, spacecraft, satellite spectrum, mobile network, spacex, rocket lab, carriers, spectrum bid, AST, SpaceMobile, Rises, Europe's
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/19/ast-spacemobile-rises-4-as-europes-largest-carriers-explore-joint-satellite-spectrum-bid-spacex-and-rocket-lab-edge-higher
- Author: David Moadel
- Published: 2026-10-19T13:06:15+00:00
- Read time: 1 min
- Topics: ast spacemobile, spacecraft, satellite spectrum, mobile network, spacex, rocket lab, carriers, spectrum bid
## Carrier Spectrum Letter Lifts AST SpaceMobile
Europe's four largest wireless carriers signed a letter of intent to explore a potential joint bid for mobile satellite services spectrum.
## AST SpaceMobile Stock Rises 4%
AST SpaceMobile stock surged 4% to $42.24 in early trading, outpacing space stocks.
## SpaceX and Rocket Lab Lag
SpaceX stock rose 0.9% to $147.45, while Rocket Lab shares climbed 2%.
## BlueBird Fleet Targets 45 Satellites
AST SpaceMobile has 13 BlueBird satellites in orbit and aims for 45 by early 2027.
## Carrier Subscribers Cover 3 Billion
AST SpaceMobile's carrier partners serve over 3 billion subscribers across Europe.
## Q2 Revenue Missed Expectations
AST SpaceMobile reported Q2 2026 revenue of $31.52 million, missing expectations and a $0.77 per share loss.
## Next Step: Commercial Agreement
Investors await whether the spectrum bid becomes a commercial agreement with signed revenue.
## Key takeaway

AST SpaceMobile stock surged 4% after Europe's four largest carriers signed a letter of intent to explore a joint satellite spectrum bid.