$ASTS Spacemobile a Worthwhile Moonshot?
My favorite stocks are those that have potential to be 100x if one gets in early, and AST Spacemobile (ASTS) has potential to be one of these stocks. The company is planning to launch satellites that can communicate with existing cell phones to get 4G LTE/5G service anywhere in the world, including at sea and on an airplane. Current land cell towers have very limited coverage. If you live in a major city, you won’t notice this, but actually most of the world is not covered. ASTS is the only company that is working on a real solution to this $1 trillion dollar problem. Note that this is different from Elon Musk’s Starlink’s goals, which is to provide WiFi internet service to people’s homes via a satellite dish receiver. So this company has no competition. For a long time, it was thought to be impossible to use satellites to directly communicate with cell phones, but ASTS has a lot of big name talent who have been working on this technology for a long time. JPL scientists initially...