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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.

ASTSSPCX

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…

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