Online Mob Fuels 6,000% Stock Rally in Obscure SpaceX Rival
Championed by a guru known simply as the Kook, the satellite company AST has become one of the world's most expensive stocks.
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.