SpaceX and AST Spacemobile eye Grain Management spectrum for $6 bln- Bloomberg

Bloomberg reported that SpaceX and AST SpaceMobile are considering Grain Management’s spectrum in a transaction valued at $6 bln. The report does not establish that a deal has been signed, nor does it specify the portion of the spectrum that either company would receive or the financing structure.

AST SpaceMobile is the named public-company exposure, with FY2025 revenue of $70.9M, up 413.0% year over year, alongside a -482.2% net margin and dilutive EPS of $-0.37. The reported spectrum interest therefore connects a potential capacity asset to a company that is growing rapidly but remains deeply loss-making.

The key follow-through points are confirmation from the companies or Grain Management, the spectrum licenses involved, ASTS’s financial contribution, and whether SpaceX would be a partner, bidder, or competing claimant. Until those details emerge, the $6 bln valuation is a reported transaction figure rather than a quantified benefit to ASTS shareholders.