Market News / Story
Key facts: AST SpaceMobile (ASTS) -4% on SpaceX spectrum; Rakuten pact
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AST SpaceMobile (ASTS) fell about 4% in after-hours trading after news that SpaceX advanced a spectrum deal, increasing competitive pressure in space-based mobile connectivity. AST SpaceMobile (ASTS) is partnering with Rakuten to develop and deploy LEO satellite infrastructure for mobile connectivity, highlighted in a US–Japan tech cooperation statement. This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the…