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AST SpaceMobile

$ASTS (+1,15 %) plunges ~13% pre-market after news that SpaceX struck a $17B spectrum deal with EchoStar.


Investors fear heightened competition in satellite-to-cell service, overshadowing AST’s own $46.5M spectrum agreement and recent FCC approvals.


Space race just got tougher. 🚀

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4 Comentarios

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Thanks for the news! I was wondering where the movement came from and couldn’t find anything. Having SpaceX / Starlink as direct competitor will probably be tough as they are already active in satellite internet. Or what does the community think?
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@Investment_Inka I don’t really follow the company closely, just shared the news. There was already a big chance for a correction here.
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@Investment_Inka Whenever you are wondering why $ASTS moves you can take a look into the ASTS subreddit. At least that is where I always find the news. 😄

Here is the link:
https://www.reddit.com/r/ASTSpaceMobile/
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