AST SpaceMobile is facing a securities class action lawsuit alleging it misled investors about its competitive position and slow user adoption in the U.S. and Japan. The company's stock dropped sharply after reports highlighted slow uptake and increased competition, notably from SpaceX's Starlink. The lawsuit claims AST SpaceMobile overstated its market leadership and failed to disclose challenges in gaining customers. Investors have until November 13, 2026, to apply for lead plaintiff status in the case.
As of Sep 17, 2026 21:21 WIB, AST SpaceMobile (ASTS) trades at USD 62.91 on Pluang, showing a 1-day gain of 6.14%. Despite the ongoing securities class action lawsuit alleging misleading investor information, the stock maintains strong buying interest with 98% of Pluang orders as buys. The company holds a market cap of $17.77 billion, reflecting significant investor engagement even amid legal challenges.
AST SpaceMobile's stock fell 6% after SpaceX agreed to acquire a nationwide low-band spectrum portfolio that AST had been pursuing, closing off a key option for expanding its satellite phone service. This spectrum is crucial for direct-to-device sate...
AST SpaceMobile's stock dropped 7% following the FCC's approval for SpaceX to build a satellite network that connects directly to ordinary phones without needing wireless carriers. This regulatory change threatens AST SpaceMobile's business model, wh...
SpaceX shares fell 2% following reports that the company is seeking $40 billion in debt financing to purchase NVIDIA AI chips, fueling concerns about leverage in the capital-intensive space sector. This move aims to expand SpaceX's AI computing busin...
AST SpaceMobile's stock fell sharply after a failed satellite launch and six consecutive earnings misses, cutting its value nearly in half. Despite this, Roth MKM analyst maintains a Buy rating with a $108 price target, citing the company's unique sp...
In October 2026, three space stocks—AST SpaceMobile, Rocket Lab, and Lockheed Martin—offer distinct investment profiles amid growing defense spending and satellite connectivity demand. AST SpaceMobile leads in technology with its BlueBird satellites ...
