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AST SpaceMobile (ASTS) Is Up 23.8% After Google Joins $203M Funding and ETF Launch News

Summary by Simply Wall St
AST SpaceMobile recently completed a private placement of 8,900,000 shares at US$22.84 each, raising over US$203 million with participation from Google and announced a new US$100 million equipment financing facility led by Trinity Capital. Increased visibility for AST SpaceMobile comes as Tradr launched a leveraged ETF tied to the company, signaling growing interest from institutional investors in satellite and advanced connectivity solutions. W…
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Simply Wall St broke the news in on Thursday, July 17, 2025.
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