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AST SpaceMobile (ASTS): Shares slide as SpaceX buys Grain's low-band spectrum

AST SpaceMobile fell about 13% on Oct 9 after Grain Management agreed to sell its 800 MHz spectrum to SpaceX, pending FCC approval. The WSJ puts the price near $8B. AST's CEO says carriers already hold ~1,000 MHz for its network.

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