Posts  / ASTS  / #POST-246824
REDDIT

People are finally realizing the space sector is a money burning scam. Y'all got conned by those bag holder

D
Aug 28, 2026 · 12:51

Looking back at last year, there was a lot of hype around space stocks narratives about data centers in space, moon tourism, and similar speculative themes.

Companies like ASTS and RKLB benefited from this narrative-driven enthusiasm, but their current performance tells a different story. In hindsight, much of this activity resembled a pump and dump scheme driven by misleading promotion rather than substantive fundamentals.

It's surprising how many investors bought into these narratives as if they represented imminent, life changing technological breakthroughs, rather than applying appropriate scrutiny to the underlying business cases.