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As artificial intelligence (AI) scales, the conversation around infrastructure is changing fast. The upcoming SpaceX initial public offering (IPO) is already generating excitement, with investors looking at secondary plays to benefit from the hype. To that end, one stock could significantly benefit from this focus on space in the coming months: AST SpaceMobile (ASTS).
AST SpaceMobile operates as a cell tower firm in space. It's a first-of-its-kind network, built to provide 4G and 5G connectivity to smartphones without requiring special hardware like satellite dishes. The company isn’t profitable yet, but it sits on something valuable — an infrastructure that could power the future of AI.