Jim Cramer stated he is not opposed to AST SpaceMobile (ASTS), but emphasized the stock's speculative nature amid heightened volatility in space technology equities. The remarks come as investors reassess high-risk growth stocks in a shifting market environment.
- Jim Cramer stated he is not opposed to AST SpaceMobile (ASTS) but labeled it 'speculative'.
- ASTS reported a Q3 2025 cash burn of over $80 million.
- The stock trades at $12.30 with a $1.8 billion market cap as of December 13, 2025.
- Full deployment of ASTS's satellite constellation is estimated to require $3 billion in capital.
- Thematic ETFs holding ASTS saw $280 million in inflows during Q4 2025.
- ASTS has not yet generated commercial revenue despite progress in satellite deployment.
Jim Cramer, prominent financial commentator, acknowledged AST SpaceMobile (ASTS) as a company with potential, stating he is 'not against' the stock during a recent market analysis segment. However, he underscored that ASTS remains a highly speculative investment, cautioning that its valuation does not yet reflect sustainable earnings or clear near-term monetization pathways. The company, which aims to deliver direct-to-device satellite broadband, continues to operate at a significant operating loss, with Q3 2025 cash burn exceeding $80 million, according to public filings. Cramer’s commentary comes at a pivotal moment for ASTS, whose share price has fluctuated over 40% in the past three months amid broader market corrections in the tech and aerospace sectors. The stock, trading at $12.30 as of December 13, 2025, carries a market capitalization of approximately $1.8 billion, reflecting investor enthusiasm for disruptive space-based connectivity but also significant uncertainty. Despite early progress in launching its first satellite, the BSS-1, and securing partnerships with major telecom providers, ASTS has yet to generate meaningful revenue from commercial services. Analysts have noted the technical and financial hurdles facing the company, including the high cost of deploying a full constellation of low-earth orbit satellites. With an estimated total capital need of over $3 billion for full deployment, the company’s ability to raise additional funding remains a critical factor. Cramer’s remarks may influence retail investor behavior, particularly in light of ASTS’s recent inclusion in several high-risk thematic ETFs, which have seen inflows totaling $280 million in Q4 2025.