AST SpaceMobile's $850M Move: Debt, Growth, and Stock Dip
Update: 2025-10-21
Description
AST SpaceMobile's stock plunges after announcing plans to raise $850M through convertible notes to fund its space-based cellular network. Find out how this debt strategy and a separate stock sale to buy back existing notes will impact the company's ambitious global connectivity goals and why investors are uneasy.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel