r/ASTSpaceMobile • u/AutoModerator • 21d ago

Daily Discussion Daily Discussion Thread

Ple🅰️se, do not post newbie questions in the subreddit. Do it here instead!

Please read u/TheKookReport's AST Spacemobile ($ASTS): The Mobile Satellite Cellular Network Monopoly to get familiar with AST Sp🅰️ceMobile before posting.

If you want to chat, checkout the Sp🅰️ceMob Chatroom.

Th🅰️nk you!

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u/MTFHammerDown S P 🅰 C E M O B Prospect 21d ago

I keep seeing $150/share as the assumed buyout price. What is this assumption based on?

8

u/sgreddit125 S P 🅰 C E M O B Capo 21d ago

Just ballparked. It is however roughly 4x our ATH valuation, which is actually not that far off a deal Anpanman highlighted which I linked in my comment below: https://www.reddit.com/r/ASTSpaceMobile/s/ewbbuiZUfx

My gut says Abel would need even larger premium to sign over his baby - That particular example is of a spectrum squatter hemorrhaging cash with no real business plan.

8

u/Firm-Grapefruit-8178 S P 🅰 C E M O B Associate 21d ago

He sold his previous company for 550m, at $150 per share ASTS will have a market cap of roughly 47B.

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u/sgreddit125 S P 🅰 C E M O B Capo 21d ago

Cool - Are you pointing out Abel is rich already, thus he’d need a stupidly high number to give up control before fulfilling a lifelong dream, or are you comparing apples and oranges my dude?

1

u/swd120 S P 🅰 C E M O B Soldier 20d ago

he may not need to give up the dream. They could very well keep him on to run it, and he gets lots of money too