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Online Mob Fuels 6,000% Stock Rally in Obscure SpaceX Rival

Bloomberg.com·Sana Pashankar, Bailey Lipschultz·25 days ago
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Every so often, a tribalistic cry goes out to the community of zealots and space geeks who invest in and obsess over an obscure satellite company called AST SpaceMobile Inc. It’s in essence a rally-around-the-stock moment when it’s plunging.

In the vernacular of the SpaceMob, as they call themselves, this is a Kook Bottom, and it starts, naturally, with the Kook. An anonymous oddball of a character, the Kook plays the role of rah-rah bull on most days, firing off posts on X, one after the other, to remind the mob that AST will soon grow into a cash-minting powerhouse with a satellite business that can go toe-to-toe with Elon Musk’s SpaceX.

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