News Sentiment
News Summary
The company has experienced extreme stock volatility, with a remarkable 156.6% year-to-date gain but a significant 30.1% pullback over the past month. Despite this volatility, the company is expanding its U.S. manufacturing footprint with new sites in Texas and Florida, accelerating production of its next-generation satellite models. This expansion aims to strengthen innovation and satellite output as the company works to build the first space-based cellular broadband network accessible directly by everyday smartphones, employing over 1,800 professionals.