Stock got crushed last week, but ASTS production is ripping - Bluebirds 8, 9 and 10 fully deployed, satellites in assembly hit 42.
Kook breaks down a brutal week for ASTS stock, from Jacob Keaton's account blowup to why options and leverage are dangerous in a volatile satellite stock. He digs into the fundamentals still driving the AST SpaceMobile thesis: production ramping past 'production hell,' Bluebirds 8-10 fully deployed as the largest phased arrays in LEO, radar and AI edge computing hints from Abel, Verizon blocking a Starlink MVNO backdoor, and an FCC test on T-Mobile direct-to-cell spectrum. He also covers the Midland facility expansion, the closed $1 billion convertible bond, government PNT and GPS-backup opportunities, and dismantles a widely shared ASTS short thesis point by point.
00:31 Introduction and market recap
01:15 Jacob Keaton's account blowup lesson
03:06 Warning against options and leverage
06:00 Leverage cascades and forced selling across the market
07:45 Remembering ASTS's past blow-off tops at $60 and $100
11:28 Why the fundamentals still support the valuation
12:43 Addressing the paid pumper accusations
19:51 Production update - satellites in assembly and shipped
21:54 Bluebird 8, 9 and 10 fully deployed
23:47 Radar phased array and diverse launch vehicles
26:07 SpaceX AI edge computing speculation
27:47 ASTS vs Iridium constellation comparison
29:42 Kevin Chen's rip down thread breakdown
33:05 Starlink-Tesla mesh network threat
34:57 Ankush Bansal joins ASTS from Nokia
35:52 T-Mobile JV status and FCC spectrum test
39:42 Why T-Mobile's Starlink service has low usage
41:18 TAM expansion - weak signal vs dead zones
46:24 Midland facility expansion and convertible bond close
51:23 Debunking the ASTS short thesis
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This is not financial advice. Do your own research before making any investment decisions.
