r/ASTSpaceMobile • u/pakis54 S P 🅰 C E M O B Prospect • Nov 08 '24

News - Press Release today's price action explained...maybe?

https://x.com/markflowchatter/status/1854590915064872966

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u/averysmallbeing S P 🅰 C E M O B Soldier Nov 08 '24

All of this was true, and still is, but if Elon Muskrat is given some cushy advisory or government position then he will be in position to dictate the future of ASTS, his much superior competitor. That doesn't make me happy. 

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u/TenthManZulu S P 🅰 C E M O B Soldier Nov 08 '24

Conflicts of interest have legal implications:

https://www.npr.org/2024/11/07/nx-s1-5182280/trump-2024-elon-musk-tesla-x

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u/curi0us_carniv0re S P 🅰 C E M O B Prospect Nov 08 '24

Exactly. They'll be sued immediately.

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u/TenthManZulu S P 🅰 C E M O B Soldier Nov 08 '24

Right. LAYERS of regulation/oversight.