Rosen Law Firm has filed a class action lawsuit against AST SpaceMobile for allegedly making false and misleading statements about its capital needs, debt, share dilution, and competitive position in the satellite market between March 2025 and July 2026. The lawsuit claims the company overstated its financial health and market strength while facing slow user adoption in key markets, which negatively impacted its business prospects. Investors who bought AST SpaceMobile securities during this period may be entitled to compensation. Interested parties must act by November 13, 2026, to serve as lead plaintiff in the case.
AST SpaceMobile's stock is currently priced at USD 59.19 on Pluang, down 1.35% in the last day. The company’s market cap stands at $17.99 billion, with a 52-week trading range between $40.43 and $133.09. These figures are as of September 16, 2026, 02:41 WIB.
Rocket Lab's stock jumped 3% following the completion of a $1.944 billion equity offering to finance its $8 billion acquisition of Iridium Communications. This financing move removes a major uncertainty by replacing a previous bridge loan commitment ...
Rocket Lab and AST SpaceMobile both reported Q2 2026 earnings, aiming to disrupt SpaceX in different ways. Rocket Lab posted $234 million in revenue, up 62%, with a $2.36 billion backlog and strong defense contracts, showing a diversified business mo...
