AST SpaceMobile loses $2B in market cap on setback

AST SpaceMobile loses $2B in market cap on setback

The Street April 21, 2026

AST SpaceMobile (ASTS) just lost roughly $2 billion in market cap after a failed satellite deployment raised new questions about timing. Shares fell about 5% on April 20 after BlueBird 7 was placed into an unusable orbit, increasing concerns that the company’s path to a working network and timeline …