AST SpaceMobile, Inc.
Thesis
Vodafone, an early investor in satellite technology, is expected to benefit from the launch of AST Mobile's satellite, positioning it well in a growing sector. This makes Vodafone an attractive investment despite being a consensus short in Europe at the time.
Did it work?
The pitch is a long thesis on Vodafone predicated on its early investment in AST SpaceMobile and the anticipated satellite launch driving upside. While AST SpaceMobile's satellite launches did subsequently occur and the Vodafone partnership continued, no price performance data is available to verify whether Vodafone shares actually benefited or delivered the attractive returns the thesis implied. Without either a confirmed price outcome or a decisive validation of the investment result, the verdict cannot be determined.