Gupta Shanti B., COO of AST SpaceMobile, sold 10,000 shares at $41.84 each, retaining 305,667 shares of the company.

• AST SpaceMobile, a leader in the low-earth orbit satellite sector, disclosed a $63 million operational loss in Q1 2025 but has secured a term sheet for long-term resource access.
• The company’s stock price fluctuated, achieving a yearly high of $42.93 with a market capitalization around $13.75 billion.

On June 16, 2025, Gupta Shanti B., the COO of AST SpaceMobile (NASDAQ:ASTS), executed a sale of 10,000 shares of Class A Common Stock at $41.84 each. Following this transaction, Gupta retains 305,667 shares. AST SpaceMobile aspires to establish a space-based cellular network to offer global internet connectivity directly to smartphones.

The stock price is currently at $38.50, yet some might consider that valuation high given its current modest revenue of $0.7 million. Nevertheless, the company is progressing towards rapid growth and profitability within the next two years, reflected in its current price of $41.91, which has marked a 9.23% increase.

Engaged in the low-earth orbit satellite industry, AST SpaceMobile targets to provide global mobile services and internet. This growing sector is estimated to be worth nearly $235 billion in 2025, with an annual growth rate of 5%. Amidst the intense focus on artificial intelligence, AST SpaceMobile continues to capture interest due to its pioneering vision.

AST SpaceMobile reported a $63 million operating loss in the first quarter of 2025 due to significant investments in research and development, alongside manufacturing. The company secured long-term access to critical resources for over 80 years, aiding its high-risk, high-reward strategy in the competitive space industry.

AST SpaceMobile’s stock has experienced price fluctuations, ranging from $38.76 to $42.93 today, the latter being its highest point over the last year. With a market cap around $13.75 billion and a trading volume of 17.51 million shares, the company is gaining traction on social media platforms, reflecting positive trends for the stock.