AST SpaceMobile, Inc. (ASTS): A Bull Case Theory

We came across a bullish thesis on AST SpaceMobile, Inc. (ASTS) on Substack by Steve Wagner. In this article, we will summarize the bulls’ thesis on ASTS. AST SpaceMobile, Inc. (ASTS)'s share was trading at $26.24 as of May 15^th.

[caption id="attachment_1228779" align="aligncenter" width="768"] A close up of a satellite in space, showing the advanced technology of communications systems.[/caption]

AST SpaceMobile (ASTS) is transitioning from a developmental phase to a potential commercial breakthrough, following a solid first quarter that emphasized progress over profit. Despite...