Reported 28 days ago
AST SpaceMobile Inc., a small telecom competitor to SpaceX, has seen its stock surge 1,300% from $2 to $28 in just six months and is set to launch its first five satellites into orbit on a SpaceX rocket. Despite skepticism from some investors regarding its business model, AST's partnerships with major telecom companies and positive analyst ratings suggest potential for further growth as the company progresses towards providing global broadband connectivity through satellites.
Source: YAHOO