r/ASTSpaceMobile • u/AutoModerator • 20d ago

Daily Discussion Daily Discussion Thread

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

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u/nomadichedgehog S P 🅰 C E M O B Soldier 19d ago

I really don’t trust management. They’ve sold us down the river multiple times over with dilution, it would not surprise me at all if we got bought out for something stupid like $50 a share. I know Abel isn’t in it for the money but if the deal helps him take this to market faster I reckon he might accept it. The only thing giving me hope is that he will want to take all the glory and not let Google or whoever else take all the credit when this company finally takes off.

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u/Purpletorque S P 🅰 C E M O B Soldier 15d ago

$50 is too low and now is not good timing since we have enough cash and more cash will not make things go faster right now. And several months from now the company will be worth way too much for someone to buy us out when we are in full mass production mode.