Last week brought about another bout of uncertainty for aerospace and space-based cellular broadband network provider AST SpaceMobile (NASDAQ: ASTS).
In the lead-up to—and in the wake of—Elon Musk’s massively successful, record-breaking SpaceX (NASDAQ: SPCX) initial public offering (IPO), shares of ASTS crashed, losing around 20% between after-hours trading on June 11 through the market close on June 12.
