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SpaceMob community fuels 6,000% rally in satellite firm AST

SpaceMob, an online community of roughly 50,000 members, has driven a 6,000% rally in satellite networking company AST SpaceMobile over 22 months through coordinated retail enthusiasm.

May 9 · · primary fetch1 sourceupdated May 9 ·

Bloomberg: How SpaceMob, an online community of ~50,000, has fueled a meme-stock-like rally in satellite networking company AST, which is up ~6,000% over a 22-month period — Championed by a guru known simply as the Kook, the satellite company AST has become one of the world's most expensive stocks.

read full article on techmeme.com
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  1. techmeme.comHow SpaceMob, an online community of ~50,000, has fueled a meme-stock-like rally in satellite networking company AST, which is up ~6,000% over a 22-month period (Bloomberg)primary