Why AST SpaceMobile Stock Sank Today
Yahoo Finance·2025-09-08 15:21
Key Points EchoStar is selling some of its 5G spectrum licenses to SpaceX. SpaceX's Starlink competes with AST SpaceMobile in "direct to cell" satellite phone services. Roth Capital remains optimistic about AST SpaceMobile stock, though the company is unprofitable and lacks appreciable revenue. 10 stocks we like better than AST SpaceMobile › Satellite communications company EchoStar (NASDAQ: SATS) announced on Monday morning that it will sell two blocks of 5G spectrum to SpaceX for use by its Star ...