24.11.2024 15:15:00
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Is AST SpaceMobile Stock a Buy Now?
There's a new space race in full swing, but private industry, not world superpowers, are driving this post-Cold War iteration. While Elon Musk and Jeff Bezos have dominated headlines with their exciting advancements in rocketry, a cottage industry of smaller start-ups is vying for dominance in all manner of space-based markets.AST SpaceMobile (NASDAQ: ASTS) is betting it can be a crucial provider of mobile communications using a fleet of satellites. Investors seem to be buying into the vision that the company is selling, with its stock up more than 400% this year alone. With all the excitement, is AST a buy now?Those of us in the United States are pretty familiar with the cell towers that dot our landscape. By and large, reliable cell service and broadband access are a given in much of the country.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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