My 8-year-old son asked this question and i couldn’t give him a definite answer. So he’s wondering if it would do the same thing as a balloon pushed underwater in the bathtub (which kind of makes sense to me, due to the density differences, not just gravity alone).
But I told him I’d ask those more knowledgeable than me.
This assumes you have relatively normal air temperature and pressure.
Things change quite a bit if you interpret space to mean “open vacuum of space”
Then you have to decide if you mean orbit exposed to solar radiation, or interstellar exposed to galactic radiation. Or just in null gravity with null radiation.
This question can have a lot of answers depending on context.
if you’re not at relatively normal temperature and pressure, then you won’t have liquid water anyway. and i don’t think the kid was asking about water vapor or one of the various forms of ice.
He wants an explanation for his kid, no need to get into the weeds.