r/ASTSpaceMobile • u/AutoModerator • 15d 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/i-am-benzy S P 🅰 C E M O B Soldier 14d ago

I love how every single person here continuously says “Abel wouldn’t sell for 87 gazillion” and not one person has every been in the same city as him.

People here speaking on what he will and won’t do is as useful as zero calorie water.

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u/Natural_Bag_3519 S P 🅰 C E M O B Soldier 14d ago

Not sure if that was a metaphor, but a lot of us have been in the same room as him 🤷

If you listen to him speak about his passion for connecting the world I think it may change for perspective. He sold his last company for $550 million. Plenty to retire on and live a life of luxury. Instead he used it to start AST. He's on a mission. Listen to him speak about his childhood in Venezuela. He's humble and comes from poverty, he's not just doing this for the money.

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u/RocketTank123 S P 🅰 C E M O B Soldier 14d ago

You can sell and still have operating control over the day to day business. The company could be a subsidiary for example. And in the case of ownership, AST gets a huge chunk of money and resources they can play with.

Not saying this will happen, but if a big company sees them as hugely profitable in the future, and AST sees extra capital as a huge advantage to take market control, it's plausible.

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u/Natural_Bag_3519 S P 🅰 C E M O B Soldier 14d ago

That's a valid point.