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Virgin Galactic Holdings, Inc. - $SPCE STOCK NEWS

Welcome to our dedicated page for Virgin Galactic Holdings news (Ticker: $SPCE), a resource for investors and traders seeking the latest updates and insights on Virgin Galactic Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Virgin Galactic Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Virgin Galactic Holdings's position in the market.

Rhea-AI Summary
Virgin Galactic appoints Henio Arcangeli, Jr. to its Board of Directors, bringing decades of manufacturing experience. Arcangeli's expertise will support the production ramp-up of the Delta Class fleet and business scaling.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
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management
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Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE: SPCE) announced the grant of time-based inducement restricted stock unit awards to a new non-executive employee. The award consists of 7,546 shares of Virgin Galactic common stock and will vest over a four-year period, in accordance with the 2023 Employment Inducement Incentive Award Plan. This grant was made as an inducement for the new employee entering into employment with Virgin Galactic, following NYSE Listing Rule 303A.08.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.15%
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Rhea-AI Summary
Virgin Galactic completes its first private astronaut flight, 'Galactic 02,' achieving multiple historic milestones including the first female astronauts from the Caribbean, the first mother-daughter duo in space, and the most women flown in a single space mission. The flight also set records for the youngest person, the first Olympian, and the first majority female spaceflight. 'Galactic 02' reached an altitude of 55 miles and a top speed of Mach 3.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
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Rhea-AI Summary
Virgin Galactic Holdings, Inc. announced its financial results for Q2 2023. They successfully completed two spaceflights in two months and launched commercial service. The company has a strong cash position of $980 million. Revenue was $2 million, compared to $0.4 million in Q2 2022. Net loss increased to $134 million from $111 million in Q2 2022. GAAP research and development expenses were $87 million. Adjusted EBITDA was $(116) million. The company generated $241 million in gross proceeds through the issuance of common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.35%
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Rhea-AI Summary
Investment loss attorneys KlaymanToskes are investigating losses over $100,000 in Virgin Galactic Holdings. They encourage investors with large positions in Virgin Galactic at Credit Suisse, Morgan Stanley, or Goldman Sachs to contact them for recovery options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
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Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE: SPCE) will report its financial results for Q2 2023 on August 1, 2023. The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.74%
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Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE: SPCE) announced the crew of its seventh spaceflight, 'Galactic 02,' which will fly three private passengers to space, including an 80-year-old Olympian, Jon Goodwin, and a Caribbean mother-daughter duo. This mission aims to showcase the power of each Virgin Galactic spaceflight to help redefine who gets to be an astronaut, broadening access to space and inspiring people around the world.
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-0.26%
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3.88%
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Rhea-AI Summary
Virgin Galactic successfully completed its inaugural commercial spaceflight, 'Galactic 01,' carrying 13 research payloads and three crew members from the Italian Air Force and National Research Council of Italy. The company plans to proceed with post-flight inspections and analysis for its next commercial mission, 'Galactic 02,' scheduled for August, with monthly flights to space planned thereafter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.76%
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-4.61%
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Virgin Galactic Holdings, Inc.

NYSE:SPCE

SPCE Rankings

SPCE Stock Data

389.91M
365.53M
8.42%
39.28%
23.42%
Small Arms Ammunition Manufacturing
Manufacturing
Link
United States of America
TUSTIN

About SPCE

virgin galactic is the world’s first commercial spaceline. we are developing vehicles to fly private astronauts, research experiments, and satellites to space—democratizing access to space for the benefit of life on earth. the virgin galactic astronaut experience will include out-of-seat weightlessness and stunning views of earth from space onboard spaceshiptwo, our reusable spaceplane designed for us by aerospace pioneer scaled composites. spaceshiptwo has been designed to carry two pilots and as many as six astronauts (or more than 1,000 pounds of experiments) to space and back on commercial flights from new mexico’s spaceport america, the world’s first purpose-built commercial spaceport. we are also developing launcherone, a dedicated launch vehicle for small satellites. launcherone is designed to carry smaller satellites (typically 200-300 kilograms)) into earth orbit for historically low prices. together with our wholly-owned manufacturing arm, the spaceship company, virgin galact