DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!AST SpaceMobile's $850M Move: Debt, Growth, and Stock Dip
AST SpaceMobile's $850M Move: Debt, Growth, and Stock Dip

AST SpaceMobile's $850M Move: Debt, Growth, and Stock Dip

Update: 2025-10-21
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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.

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AST SpaceMobile's $850M Move: Debt, Growth, and Stock Dip

AST SpaceMobile's $850M Move: Debt, Growth, and Stock Dip