Prediction: AST SpaceMobile Will Sell a Lot of Stock (If It's Smart)
The Motley Fool
AST SpaceMobile, a direct-to-cell satellite communications company, has seen its stock price surge 13x in the past four months. However, the company needs to raise $3 billion to fund its satellite network expansion. The article suggests that AST should sell a large number of shares at its current inflated valuation to secure the necessary funding.
Continue Reading