SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

NEXTNAV INC.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

65345N106

(CUSIP Number)

05/15/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP Number(s):

65345N106

Names of Reporting Persons

PointState Capital LP

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,733,983.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,733,983.00

Aggregate Amount Beneficially Owned by Each Reporting Person

7,733,983.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

5.7 %

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP Number(s):

65345N106

Names of Reporting Persons

SteelMill Master Fund LP

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,733,983.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,733,983.00

Aggregate Amount Beneficially Owned by Each Reporting Person

7,733,983.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

5.7 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

65345N106

Names of Reporting Persons

PointState Holdings LLC

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,733,983.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,733,983.00

Aggregate Amount Beneficially Owned by Each Reporting Person

7,733,983.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

5.7 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

65345N106

Names of Reporting Persons

PointState Capital GP LLC

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,733,983.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,733,983.00

Aggregate Amount Beneficially Owned by Each Reporting Person

7,733,983.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

5.7 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP Number(s):

65345N106

Names of Reporting Persons

Zachary J. Schreiber

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,733,983.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,733,983.00

Aggregate Amount Beneficially Owned by Each Reporting Person

7,733,983.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

5.7 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

NEXTNAV INC.

(b)

Address of issuer's principal executive offices:

11911 Freedom Dr., Ste. 200, Reston, Virginia, 20190

Item 2.

(a)

Name of person filing:

This statement is filed by: (i) SteelMill Master Fund LP, a Cayman Islands exempted limited partnership ("SteelMill"); (ii) PointState Holdings LLC, a Delaware limited liability company ("PointState Holdings"), which serves as the general partner of SteelMill; (iii) PointState Capital LP, a Delaware limited partnership ("PointState"), which serves as the investment manager to SteelMill; (iv) PointState Capital GP LLC, a Delaware limited liability Company ("PointState GP"), which serves as the general partner of PointState; and (v) Zachary J. Schreiber ("Mr. Schreiber"), an individual, who serves as managing member of PointState Holdings and PointState GP. SteelMill, PointState Holdings, PointState, PointState GP and Mr. Schreiber are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The Reporting Persons are filing this statement jointly with respect to the same securities as contemplated by Rule 13d-1(k)(1), not as members of a group.

(b)

Address or principal business office or, if none, residence:

The address of the business office of each of the Reporting Persons is care of PointState Capital LP, 9 West 57th Street, 37th Floor, New York, NY 10019.

(c)

Citizenship:

SteelMill is organized under the laws of the Cayman Islands. PointState Holdings, PointState and PointState GP are organized under the laws of the State of Delaware. Mr. Schreiber is a citizen of the United States of America.

(d)

Title of class of securities:

Common Stock, par value $0.0001 per share

(e)

CUSIP Number(s):

65345N106

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

The information in Items 5 through 9 and Item 11 on the cover pages to this Schedule 13G is hereby incorporated by reference.

(b)

Percent of class:

The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.

(ii) Shared power to vote or to direct the vote:

The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.

(iii) Sole power to dispose or to direct the disposition of:

The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.

(iv) Shared power to dispose or to direct the disposition of:

The applicable information on the cover pages to this Schedule 13G is hereby incorporated by reference.

Item 5.

Ownership of 5 Percent or Less of a Class.

Not Applicable

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

The information in Items 2 is hereby incorporated by reference.

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PointState Capital LP

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber, Managing Member of PointState Holdings LLC and PointState Capital GP LLC, the general partner of PointState Capital LP
Date:	05/21/2026

SteelMill Master Fund LP

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber, Managing Member of PointState Holdings LLC, the general partner of SteelMill Master Fund LP
Date:	05/21/2026

PointState Holdings LLC

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber, Managing Member
Date:	05/21/2026

PointState Capital GP LLC

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber, Managing Member
Date:	05/21/2026

Zachary J. Schreiber

Signature:	/s/ Zachary J. Schreiber
Name/Title:	Zachary J. Schreiber
Date:	05/21/2026

Exhibit Information

Exhibit 99.1 - Joint Filing Agreement

SEC Form SCHEDULE 13G filed by NextNav Inc.