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Why AST SpaceMobile Stock Soared Today


Shares of AST SpaceMobile (NASDAQ: ASTS) rocketed higher on Tuesday as excitement surrounding SpaceX's upcoming initial public offering (IPO) reached a fevered pitch.

Image source: Getty Images.

SpaceX's IPO is projected to be the biggest of all time when it makes its stock market debut in mid-June. The Elon Musk-led rocket and satellite technology titan is reportedly looking to raise about $75 billion at a stunning $2 trillion valuation.

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Source Fool.com

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