I’m not here to cast aspersions on satellite design and manufacturing specialist AST SpaceMobile (ASTS). As many have pointed out, the space economy could be worth $1 trillion by 2040 — and that might be an underestimate. However, this assessment also likely assumed that the terrestrial economy would move along in a rather predictable trajectory. That presupposition may no longer be valid, which is why ASTS stock is risky.
Again, it’s not about hating the business or not being visionary enough to see the underlying potential. AST SpaceMobile is certainly an exciting enterprise. But we also have to be realistic. While President Donald Trump has threatened, implemented and then walked back tariffs on key economic partners multiple times, at some point, other nations are simply not in a mood to accommodate such high-level policy fluctuations.
