AST SpaceMobile (NASDAQ: ASTS) stock surged over 30% this week, bringing year-to-date returns to around 250%. The jump comes ahead of the upcoming satellite launch on December 15th. The company plans to launch the next-generation BlueBird 6 satellite, which will increase data capacity by 10 times compared to previous satellites. AST also aims to conduct five orbital launches by March 2026 and accelerate production to have 60 satellites by the end of 2026. Investors are optimistic about the potential for direct-to-phone internet access, driving the stock’s increase.

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Read more at Nasdaq: Why AST SpaceMobile Stock Soared This Week