Why This Satellite Data Stock Keeps Losing Altitude

AST SpaceMobile's stock has plummeted from its all-time high of $133.09 to around $66 due to unsustainable valuations, macro headwinds, SpaceX's IPO stealing investor attention, missed revenue expectations, and regulatory concerns in the space sector. While AST has growth potential in the LEO satellite market, insiders are selling heavily and the stock remains overvalued compared to long-term prospects.