In the weightless environment, there is no pressure variation with depth. A Ping-Pong ball in water experiences no buoyant forces. The ball would not pop out, but stay within the blob of water.
You can help us out by revising, improving and updating this answer.Update this answer
After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.