Dec. 25 at 1:34 PM
$ASTS the ligado heist: how asts bought a digital empire for pennies 🛰️
this is the story of the "ligado heist"—how
$ASTS turned a bankrupt disaster into the greatest spectrum land grab in telecom history. 🛰️💼
i used to look at the ligado deal and cringe. i saw the "
$80 million a year for 80 years" headline and thought: "is abel crazy? that’s
$6.4 billion in debt. he’s sinking the ship."
but then i dug into the sec filings and the payload space math. that’s when i realized i was looking at a "price tag" while abel was looking at a "monopoly."
$APH $GS $KO
