AST SpaceMobile (ASTS) Raises $1 Billion But Insider Selling And SpaceX Competition Keep Investors Away
AST SpaceMobile (ASTS) has tumbled more than 50% from its all-time high of $133.09 per share, reached on May 28, 2026, raising serious questions about its long-term trajectory. The company’s ambitious goal is to become the first to fully commercialize high-speed satellite internet beamed directly to smartphones, without requiring the bulky dish hardware that current…