Story preview
Topics in this story
Continue reading on the publisher site for the full article.
Read on publisher →www.tokenpost.com
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
6
in the last 3 days
First reported
2 days ago
5 outlets since
Countries
5 other outlets reported this story in the last 3 days.
SpaceX just locked up a nationwide low-band spectrum portfolio that AST SpaceMobile had been chasing, and the fallout for direct-to-device satellite stocks raises questions about who controls the airwaves needed to connect ordinary phones from orbit.
SpaceX acquired low-band spectrum licenses, intensifying competitive threats against AST SpaceMobile.AST SpaceMobile faces substantial capital expenditures, ongoing cash burn, and shareholder litigation.The stock technical indicators show a sell signal with a MACD value of -1.244.
SpaceX (SPCX) was the lone winner in this week’s five-stock space race through Thursday, holding onto gains as its wireless ambitions expanded, while satellite tests, launch prospects and a commercial space-station contract failed to keep rivals above water.SPCX gained 1% so far this week, while Re…