AST SpaceMobile Plunges 11.6% After SpaceX Swoops In — Has Elon Musk Stolen the Space Race?

AST SpaceMobile just took a massive hit, dropping 11.6% after Elon Musk’s SpaceX reportedly snatched up the highly coveted 800 MHz spectrum block it desperately needed. With a painful $230 million net loss, recent share dilution, and heavy insider selling, Wall Street is hitting the panic button on the direct-to-cell startup. But with a $2.7 billion war chest, 13 satellites already in orbit, and a $1.3 billion revenue backlog, AST isn't running on fumes just yet. In this episode of Implied, we break down what this fierce rivalry means for the telecom world and whether this massive selloff is a red flag… or a rare buy-the-dip opportunity for long-term value hunters.