AST SpaceMobile Shares Fall 11% on Reported SpaceX-EchoStar Talks
AST SpaceMobile shares fell 11% Monday amid competition concerns after reports that SpaceX is in talks with EchoStar about buying Boost Mobile to gain access to its network.
Shares of AST SpaceMobile (ASTS) dived 11% on Monday on competition concerns following reports that SpaceX is in talks with EchoStar about buying Boost Mobile to gain access to its network.According to a report from The Washington Post, SpaceX discussed a deal with EchoStar about buying Boost Mobil…