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Why AST SpaceMobile Stock Popped Today

TheMotleyFool

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Just like every other space stock (it seems), AST SpaceMobile (NASDAQ: ASTS) stock is off to the races on Wednesday, soaring 12% through 12:25 p.m. ET on twin tidal waves of positive space news.

Yesterday, as you may have heard, rumors began floating that SpaceX will file for its IPO this week (or maybe next week -- no one's 100% certain). No sooner had this news broken than we received the big "Ignition" announcement from NASA Administrator Jared Isaacman, who says NASA will spend $20 billion to build an American moon base by 2032.

Space investors are cheering, and space stocks are soaring.

Source Fool.com

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