# AST SpaceMobile Lawsuit Over Starlink Competition

> Investor sues AST SpaceMobile for overstating satellite competition with SpaceX's Starlink Mobile
- Title: AST SpaceMobile Lawsuit Over Starlink Competition · PCMAG
- Summary: Investor sues AST SpaceMobile for overstating satellite competition with SpaceX's Starlink Mobile AST SpaceMobile faces lawsuit for misleading investors…
- Keywords: ast spacemobile, starlink mobile, spacex, investor lawsuit, satellite d2c, bluebird satellites, t-mobile, at&t, verizon, federal securities laws, satellite communications, space mobile
- Source: PCMAG — https://pcmag.com/news/ast-spacemobile-faces-lawsuit-over-its-competitiveness-with-starlink-mobile
- Author: Michael Kan
- Published: 2026-09-18T17:56:14+00:00
- Read time: 1 min
- Topics: ast spacemobile, starlink mobile, spacex, investor lawsuit, satellite d2c, bluebird satellites, t-mobile, at&t, verizon, federal securities laws, satellite communications, space mobile
## Investor sues AST
Edward Hunter claims AST SpaceMobile violated federal securities laws by overstating its competitive position in satellite D2C services.

> Defendants failed to disclose that AST's competitive position in the satellite D2C market was not as strong or durable as Defendants had led investors to believe
## Lawsuit claims
Hunter alleges AST overstated durability of its competitive position in satellite D2C market and misleading investors about capital requirements.

> AST purportedly stated its unique competitive advantages and leadership position in the satellite D2C market
## Starlink Mobile's speed
SpaceX plans to upgrade Starlink Mobile with 150Mbps per user using next-gen satellites launching in 2026.

> SpaceX in Sept. 2025 acquired valuable radio spectrum from Boost Mobile's parent EchoStar
## AST's satellite plan
AST aims to launch dozens of BlueBird satellites for AT&T and Verizon to eliminate cellular dead zones with 150Mbps coverage.

> AST has been working to launch dozens of BlueBird satellites to offer space-based communications to partners in AT&T and Verizon
## Stock price drop
AST stock price fell from $133 to $58 after Hunter bought shares at $74 in June 2025, claiming artificially inflated prices.

> Hunter purchased a total of 18 shares in November 2025 and then this past June at around $74
## Service delay
AST delayed service launch to early 2027 after Blue Origin's New Glenn rocket exploded during ground test.

> AST had been aiming to operate at least 45 satellites by the end of 2026 but only has 13 BlueBirds in orbit
## Key takeaway

AST SpaceMobile faces lawsuit for misleading investors about its competitive edge against Starlink Mobile