Bulls Say AST SpaceMobile Is a 10-Bagger. Bears Say It's Overhyped. Who's Right?
The company has an ambitious plan to get a satellite internet constellation working by next year.
Overview
Battleground stocks have emerged in the space economy, and investors are taking sides -- nowhere more so than with AST SpaceMobile (NASDAQ: ASTS). The upstart satellite internet provider was at one point up 1,000% in the last five years, but it has recently slipped more than 50% from its highs.
Bulls think the innovative satellite internet provider can become a behemoth in telecommunications. Bears think that this is simply a pre-revenue company burning billions every year with a market cap of $24 billion.
Details
Who is right?
Source
Originally published at www.fool.com.
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