“SpaceX Delivers Unfortunate News for Verizon, ATT, T-Mobile, and AST Space Mobile Stock Investors”
ASTS is overvalued and should be avoided; current price exceeds intrinsic value estimate of $35.
Elon Musk and SpaceX delivered bad news to investors in AT&T, Verizon, T-Mobile, and AST Space Mobile.
AST Space Mobile is doing something similar, and that company's shares have also fallen even further .
Shares of AST Space Mobile alone fell by more than 10%. This was a stock that I had already warned investors was overvalued from the start.