AST SpaceMobile Expected to Grow Revenue at 246% CAGR, Far Outpacing SpaceX

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Analysts expect AST SpaceMobile to grow its revenue at a compounded annual growth rate of around 246% over the next few years, significantly faster than SpaceX's projected CAGR of nearly 69%. According to LSEG data, AST SpaceMobile's revenue is forecast to reach nearly $2 billion by 2028, up from $166 million this year, while SpaceX's revenue is projected to total more than $103 billion in 2028. Despite the faster growth, AST SpaceMobile trades at a price-to-sales multiple of nearly 190, compared to about 80 times revenue for SpaceX, making both stocks expensive and risky. AST SpaceMobile, which focuses on a global space-based broadband network, generated just under $71 million in revenue last year, while SpaceX reported nearly $19 billion. Shares of AST SpaceMobile are down about 20% so far in 2026, and SpaceX has dipped below its IPO price.

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Space Economy± Mixed · 2 stocks
Ast Spacemobile Inc
ASTS
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Analysts expect AST SpaceMobile to grow revenue at 246% CAGR, driven by its global space-based broadband network.

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