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SpaceX is coming for AST SpaceMobile's business.
Shares of AST SpaceMobile (ASTS 0.91%) are dropping on Monday after SpaceX announced a deal to acquire spectrum and compete more directly with AST SpaceMobile. This comes as SpaceX rapidly increases its satellite constellation and potentially squeezes the upstart out of the market before it even gets started.
*Stock prices used were end-of-day prices of Sept. 8, 2025. The video was published on Sept. 8, 2025.
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
Travis Hoium has positions in Verizon Communications and has the following options: long December 2027 $20 puts on AST SpaceMobile. The Motley Fool recommends T-Mobile US and Verizon Communications. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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