AST SpaceMobile Inc (NASDAQ:ASTS) shares are up on Wednesday, hitting a new all-time high as a fresh SpaceX IPO rumor boosts broader space-sector buzz, following the company's announcement about its upcoming BlueBird 7 mission set to launch in late February. Here’s what investors need to know.AST SpaceMobile stock is approaching key resistance levels. What’s behind ASTS new highs?How AST SpaceMobile Is Expanding Its ReachThe BlueBird 7 mission will carry the largest commercial communications array in low Earth orbit, supporting peak data speeds of up to 120 Mbps. This launch marks the first use of the New Glenn rocket, which is designed to carry multiple BlueBird satellites per flight, as the company plans to deploy 45-60 satellites by the end of the year.In addition to the satellite rollout, AST SpaceMobile has secured a position on the U.S. Missile Defense Agency’s SHIELD program, which could lead to future task orders. The company has a robust patent portfolio of over 3,800 patents, enhancing its capabilities in space-based voice, data, and streaming services.SpaceX IPO Buzz Could Lift Space StocksSeparate from AST SpaceMobile's company-specific catalysts, broader space trade momentum is also building after a Financial Times report indicated Elon Musk is exploring a mid-June SpaceX IPO, potentially coinciding with a rare Jupiter–Venus conjunction and Musk's birthday. The report suggested SpaceX could seek to raise as much as $50 billion at a ...Full story available on Benzinga.com
AST SpaceMobile Hits Record Highs As SpaceX IPO Buzz Fuels Space Stock Rally
