AST SpaceMobile Dips as Space IPO Buzz Fades Ahead of BlueBird Launch
AST SpaceMobile plunged 15.5% to $82.41 on heavy volume as U.S. space stocks tumbled after SpaceX’s market debut, with investors eyeing the June 17 Falcon 9 launch of BlueBird satellites 8, 9 and 10 as the next major catalyst for the high-expectation, loss-making company.