Investment Assessment: Should You Buy AST SpaceMobile While It's Below $3?
Saturday, 11 May 2024, 16:10
![https://store.livarava.com/7e804281-0fb1-11ef-a6c2-63e1980711b2.jpg](https://store.livarava.com/7e804281-0fb1-11ef-a6c2-63e1980711b2.jpg)
Investment Risks
AST SpaceMobile's financials reveal massive expenses with no revenue to show, pointing to significant risks on investment.
Building a Futuristic Network
The company aims to establish a space-based cellular network using regular cellphones, but substantial breakthroughs are needed.
Caution for Investors
- Aggressive investors might consider AST SpaceMobile at its low price, but the company is still in early development stages.
- Competitive Market presents challenge as company faces strong competitors like SpaceX's Starlink.
- Dilution Risk looms over shareholders as company plans to raise funds for satellite network expansion.
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