AST SpaceMobile (NASDAQ: ASTS) achieved a long-awaited milestone yesterday, and shares are rocketing higher today. The launch of its first commercial satellites represents the start of a planned network that will be the first and only satellite array to bring the internet directly to standard, everyday smartphones.

Investors are pouring into the stock today after the launch. As of 2:05 p.m. ET, AST shares were higher by 12.3%.

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Source Fool.com