AST SpaceMobile stock rebounds nearly 7% as Musk’s SpaceX-xAI deal lifts space names
AST SpaceMobile shares rose 6.8% to $111.61 Tuesday afternoon, rebounding after a previous drop. The move followed news of a SpaceX-xAI merger, which lifted the broader space sector. Around 11.6 million AST shares traded as investors looked ahead to the company’s BlueBird 7 satellite launch, scheduled for late February.