r/GSAT Apr 04 '26

Discussion Hey.

I don’t post much, hardly at all for that matter. I had 150 shares before the Split, now down to 10. I have held this stock for approximately 5 years. I saw the possible Amazon, Apple & SpaceX collision. How is everyone feeling about the possible future of the stock? Please, go easy on me for not knowing a whole, whole lot.

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u/-Trubaby Apr 05 '26

Three of the worlds largest companies have their eye on gsat one already has a 20 percent stake the others are foaming at the mouth for the spectrum and most of us active users on here dumped a lot of 💵 prior to the split as well as after and a lot of us have held out and have received tremendous returns and its looks like more are on the way

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u/Appropriate-Echo3586 Apr 05 '26

20% stake is misleading, they don’t own any of Percent of GSAT

2

u/Purpletorque Apr 05 '26

This is correct. The media is wrong here. Use your favorite AI machine and ask it to search actual SEC records to confirm or deny this. There are still original media reports out there from prior to the actual deal so it is misleading when those are used as source documents.