In today’s post:

  • πŸ” It Wasn't the Satellite...

πŸ” It Wasn't the Satellite...

AST SpaceMobile $ASTS ( β–² 5.07% ) is down nearly 60%, and the internet has already written the obituary.

Failed launch. Ugly quarter. A $1 billion convertible raise that diluted shareholders like watering down a good whisky.

But here's the question that actually matters: did the business get worse, or did the price just finally catch up to the hype?

Because if it's the second one, a 60% haircut on the same opportunity starts looking less like a funeral and more like a clearance sale.

Let's investigate.

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