SpaceThe Motley Foolabout 14 hours ago
Why AST SpaceMobile Stock Crashed Today
1 min read
AST SpaceMobile stock dropped 10.5% by late morning as investors sold shares to fund a SpaceX IPO. The satellite company's stock had risen 61% since a prediction four months ago. SpaceX's IPO prospectus revealed the company is losing money, not profitable as believed.
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