ASTS ▼ -0.8% - AST SpaceMobile, Inc. $ASTS int Buy @ Berenberg pt 92 The firm says falling launch costs in the space industry have enabled a "rapidly growing investable universe." Lower costs have driven the space economy past $500B in 2025, and it is on track to exceed $1 trillion by 2030, the analyst tells investors in a research note. Berenberg favors companies with "vertically integrated launch and differentiated/sovereign constellation capability that cannot easily be replicated." Berenberg initiated coverage of AST SpaceMobile with a Buy rating and a $92 price target, citing falling launch costs that have expanded the addressable market for space-based businesses to over $500 billion in 2025 and positioned it to reach $1 trillion by 2030. The analyst highlighted AST's vertically integrated launch capabilities and differentiated constellation as competitive advantages in this expanding sector. Despite the bullish initiation, shares declined 0.8% today. 02-SEP-2026 05:14 AM ET