AST SpaceMobile: A $30B Bet Requiring Flawless Execution

AST SpaceMobile Inc. (NASDAQ:ASTS) is one of the most controversial stocks in telecom. The company is developing the first space-based cellular broadband network that people will be able to use with their existing smartphones. Its market value was north of $30 billion in January 2026. Its paltry run-rate revenue of $18.5 million over the last year has been called into question, as have its cumulative operating losses of some $274 million (SEC filings). This disparity between financial fundamentals and marke ...