Is AST SpaceMobile (ASTS) Above Fair Value As Launch Nears?

AST SpaceMobile has been on a dramatic ride over the past few years, and the latest share price leaves an obvious question for you as an investor. With such a sharp move already in the rear-view mirror, is the current valuation still grounded in the company’s book value, or has the market story pulled away from the balance sheet? Over the past 3 years, AST SpaceMobile has delivered a very large share price gain, which puts serious pressure on the question of how much its net assets can...