AST SpaceMobile Raised $150 Million, But at What Cost?

AST SpaceMobile (NASDAQ: ASTS) is on the verge of having a revenue-generating business, having just launched its first five operational satellites. That's great news for the company and investors, and enthusiasm for the stock is clear as its price is up more than 600% over the past year. There's just one problem -- AST SpaceMobile is only at the start of a very expensive growth phase.Here's how raising more capital could be costly for existing AST SpaceMobile shareholders.AST SpaceMobile's business goal is to create a space-based mobile broadband cellular network. This would allow consumers to make calls and connect to the internet anywhere on the planet. The biggest attraction of the service, however, is that it would work with existing cellphone handsets as an add-on service from a user's current telecom provider. It would offer simple and easy connectivity while climbing a mountain, traversing a desert, or sailing the ocean. That's an attractive product offering.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool