Shares of ASTS surged more than 7% in premarket trading Tuesday as investors reacted to a series of major developments involving AST SpaceMobile. The stock climbed to $113.34 during early trading hours, extending a massive rally that has pushed AST SpaceMobile shares up more than 300% over the past year. New telecom partnerships, fresh regulatory…
satellite internet
SpaceX is about to reach 10,000 satellites in space for the first time
In the spring of 2019, SpaceX launched its first batch of Starlink satellites into low Earth orbit, an ambitious opening move in what was then a largely untested grand experiment. Less than seven years later, the company is on the verge of a milestone that would have seemed almost fictional at the time — placing…