AST SpaceMobile Stock Shoots for the Stars on Verizon Deal – What’s Next for ASTS?
AST SpaceMobile stock hit an intraday record near $99 this week after announcing a Verizon partnership for space-based cellular service. Shares have surged over 300% in 2025, pushing the company’s market value to about $30 billion despite minimal revenue. Wall Street remains split on valuation, with short interest above 20%. ASTS is rapidly spending to build its satellite network and expects pilot revenues later this year.