AST SpaceMobile Stock Skyrockets on Verizon Deal and Satellite Breakthroughs – What to Know
AST SpaceMobile shares hit a record $98.59 on October 14, up about 200% year-to-date after a Verizon satellite deal and successful direct-to-cell calls from space. Over 50 carriers, including AT&T and Vodafone, have signed on. The stock’s surge has drawn heavy trading and short interest, with analysts split on valuation. Market cap neared $30 billion as volatility spiked.