It is said that a picture is worth a thousand words. Well, for satellite manufacturer AST SpaceMobile (ASTS), a picture has been worth more than $3 billion in additional market cap in just a few days. This happened after board member Adriana Cisneros posted a picture on Instagram with Amazon (AMZN) founder Jeff Bezos titled “Amazing things are happening at AST & Science + @blueorigin.”
This has led to intense speculation that Bezos, who is one of the world’s richest individuals, could become an investor in the company. At least that is what Scotiabank analyst Andres Coello expects when he said that, “Could Jeff Bezos become an ASTS investor? This is a possibility widely discussed by investors and analysts, in no small measure because Bezos is one of the world’s top space investors.”
