| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 299.79M | 77.0% | $26.64B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | 89.38M | 23.0% | $7.94B | Verified |
| Total outstanding | 389.17M | 100.0% | $34.58B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F) | 172.35M | 44.3% | $15.32B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.
Class B (not listed on any exchange)
11,215,111 shares
2.9% of total · $996.57M
Class B shares are not listed on any exchange and cannot be traded as they are. A holder must first convert them into Class A shares, which can then be sold. FloatCap counts them outside circulating supply until converted.
Verified10-Q, Cover page: shares outstanding by class; the class has no trading symbolApplied automatically to every unlisted class.
Class C (not listed on any exchange)
78,163,078 shares
20.1% of total · $6.95B
Class C shares are not listed on any exchange and cannot be traded as they are. A holder must first convert them into Class A shares, which can then be sold. FloatCap counts them outside circulating supply until converted.
Verified10-Q, Cover page: shares outstanding by class; the class has no trading symbolApplied automatically to every unlisted class.
| Holder | Shares | % of total |
|---|---|---|
| Rakuten Group, Inc. | 15.51M | 3.99% |
| BlackRock, Inc. | 15.27M | 3.92% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 13.33M | 3.43% |
| VANGUARD CAPITAL MANAGEMENT LLC | 12.52M | 3.22% |
| Alphabet Inc. | 8.94M | 2.30% |
| MORGAN STANLEY | 7.32M | 1.88% |
| UBS Group AG | 6.60M | 1.70% |
| STATE STREET CORP | 6.53M | 1.68% |
| Marex Group Ltd | 6.22M | 1.60% |
| Vodafone Ventures Ltd | 5.47M | 1.41% |
Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.
Form 4 aggregation pending
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Class A | ASTS on Nasdaq | 299,789,305 | Aug 6, 2026 |
| Class B | Not listed (valued at ASTS) | 11,215,111 | Aug 6, 2026 |
| Class C | Not listed (valued at ASTS) | 78,163,078 | Aug 6, 2026 |