SpaceX IPO hype sparks investor confusion as secondary market deals raise fraud fears and uncertainty over actual share ownership

AST SpaceMobile (NASDAQ:ASTS) stock rose 12% in Wednesday morning trading, bouncing from yesterday’s 4% decline. At the same time, Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) shares also zoomed 12% higher after its own 4% drop on Tuesday.

By Echo Wang and David Jeans NEW YORK, March 25 (Reuters) - Entrepreneur Tejpaul Bhatia is confident he owns a slice of Elon Musk’s SpaceX. But he can't be 100% sure. When the former Google executive entered the space industry in 2021,