SpaceX Prospectus Spotlights Direct-to-Device MarketSpaceX filed to go public on the Nasdaq under the proposed ticker SPCX. The prospectus framed Starlink Mobile as a direct-to-smartphone service intended to compete with terrestrial mobile networks.August Launch Scheduled for Next Three BlueBird SatellitesAdding to the momentum, AST SpaceMobile announced on Tuesday that BlueBird satellites 11, 12 and 13 are targeted to launch aboard a Falcon 9 rocket from Cape Canaveral, Florida, in the first half of August.This upcoming mission follows the June launch of BlueBirds 8, 9, and 10. According to the company, these new satellites will deliver nearly double the peak data speeds of its initial Block 1 BlueBird satellites.Commercial Pipeline and Constellation TargetsThe Texas-based company is building a space-based cellular broadband network designed to connect ordinary, unmodified smartphones directly to its satellites.AST SpaceMobile reported full-year 2025 revenue of approximately $70.9 million and has secured over $1.2 billion in aggregate contracted revenue commitments from partners.The company has agreements with nearly 60 mobile network operators serving more than 3 billion subscribers globally, and is targeting 45 to 60 satellites in orbit by the end of 2026.ASTS Critical Levels To WatchFrom a trend perspective, ASTS is trading 14% below its 20-day SMA ($89.05) and 11.2% below its 50-day SMA ($86.23), which tells you the intermediate trend has been under pressure even as the longer-term structure remains constructive. The stock is also trading 5.6% below its 200-day SMA ($81.18), putting it close to a line that often acts like a make-or-break area for longer-term trend followers.