Why AST SpaceMobile Stock Is Skyrocketing This Week
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Shares of AST SpaceMobile (ASTS) surged 33.9% this week, driven by speculation of a potential partnership with Jeff Bezos' Blue Origin after a board member's social media post. The stock's rise coincided with gains in the S&P 500 and Nasdaq-100. Additionally, a public dispute between Elon Musk and Donald Trump may create opportunities for AST SpaceMobile. While these developments suggest potential growth, investors should be cautious due to the company's high-risk profile and the need to justify its valuation.
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