Why AST SpaceMobile Stock Plunged on Monday
Shares of AST SpaceMobile (NASDAQ: ASTS) are dropping on Monday after SpaceX announced a deal to acquire spectrum and compete more directly with AST SpaceMobile. This comes as SpaceX rapidly increases its satellite constellation and potentially squeezes the upstart out of the market before it even gets started.
*Stock prices used were end-of-day prices of Sept. 8, 2025. The video was published on Sept. 8, 2025.
Source Fool.com
