
$ASTS Time to keep an eye on space stocks Why this drawdown for ASTS?👇 - SpaceX’s planned purchase of more radio frequencies would strengthen a direct competitor. That could hurt AST’s future sales and profits. - AST is not losing its existing frequencies. Think of frequencies as radio channels: SpaceX’s 800 MHz deal covers different channels from the 850 MHz ones AST accesses through AT&T and Verizon. - A long-term opportunity remains possible: AST still has telecom partners and contracted future revenue. But I will dig deeper over the next few days before buying. The R/R could be amazing.