AST SpaceMobile’s stock rebounds as the satellite company gets a much-needed win

ast spacemobile's stock rebounded after winning regulatory approval for a large satellite constellation. the win comes just days after its shares were negatively impacted by a blue origin launch snafu. the federal communications commission granted the approval, which is a critical step for the company's plan to build a space-based broadband network. the constellation is designed to connect standard mobile phones directly to satellites.