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

We came across a bullish thesis on AST SpaceMobile, Inc. (ASTS) on Chit Chat Stock’s Substack. In this article, we will summarize the bulls’ thesis on ASTS. AST SpaceMobile, Inc. (ASTS)'s share was trading at $28.69 as of 4^th June according to Yahoo Finance.

[caption id="attachment_516190" align="aligncenter" width="750"] Copyright: lexaarts / 123RF Stock Photo[/caption]

AST SpaceMobile may look like a speculative pre-revenue venture—born from a SPAC merger, marked by high cash burn, and facing the daunting challenge of launching massive satellites before it can generate...