Virgin Galactic Holdings, Inc. filings document the company's public-company reporting as a Delaware aerospace and space travel issuer with common stock listed on the New York Stock Exchange under SPCE. Its 8-K reports and earnings exhibits disclose operating results, business updates for SpaceShips and the launch vehicle, future-astronaut access fees, customer deposits, and capital used to fund commercial spaceline development.
The filing record also covers material agreements and capital-structure actions, including 9.80% First Lien Notes due 2028, repurchases of 2.50% convertible senior notes due 2027, registered direct equity offerings, pre-funded warrants, and common stock issuance programs. Proxy and governance filings address director nominations, stockholder voting matters, executive compensation, employment agreement amendments, board-designation rights, and related governance disclosures.
Virgin Galactic Holdings, Inc. (SPCE) is the issuer of the common stock for which BlackRock, Inc. reports beneficial ownership of 12,736,846 shares, or 8.4% of the class. BlackRock reports sole voting power over 12,437,021 shares and sole dispositive power over 12,736,846 shares, with no shared voting or dispositive power.
The reported holdings reflect certain BlackRock business units and its subsidiaries and affiliates, excluding securities attributed to business units whose beneficial ownership is reported separately. Various persons have rights to receive or direct dividends or sale proceeds, but no one person's interest in the common stock exceeds 5% of the outstanding common shares.
Virgin Galactic Holdings, Inc. (SPCE) Chief Financial Officer Douglas T. Ahrens exercised 1,377 restricted stock units on October 5, 2026, converting them one-for-one into 1,377 common shares. Virgin Galactic withheld 743 common shares to cover his tax-withholding obligation upon quarterly vesting, at a reported price of 3.03 per share. The post-transaction amount was 2,753 unvested RSUs from the March 16, 2023 award; this excludes RSUs with different vesting terms.
Virgin Galactic Holdings, Inc.'s CPO & EVP Astronaut Operations, Aparna Chitale, reported the October 5, 2026 vesting and conversion of 524 restricted stock units into 524 common shares. The issuer withheld 283 shares at $3.03 per share to cover her tax withholding obligation. The award's remaining unvested portion was 1,049 RSUs, excluding RSUs with different vesting terms; the award was granted March 16, 2023.
Virgin Galactic Holdings, Inc. CEO and President Michael A. Colglazier converted 2,273 restricted stock units into 2,273 common shares on October 5, 2026, on a one-for-one basis. The issuer withheld 1,227 common shares at a reported $3.03 per share to cover his tax withholding obligation upon quarterly vesting.
After the transaction, 4,545 unvested RSUs remained from the March 16, 2023 award; that count excludes RSUs with different vesting terms. The award provides for 25% vesting on March 16, 2024, with the remaining 75% vesting in 12 quarterly installments beginning June 16, 2024, subject to continued service through each applicable vesting date. Separate indirect holdings list 15,892 shares in the Family Revocable Trust and 1,692 shares in each of the Family Trust for Son 1 and Family Trust for Son 2.
Virgin Galactic Holdings, Inc. EVP, CLO & Corporate Secretary Sarah E. Kim had 23 common shares withheld by the issuer on September 25, 2026, to cover her tax withholding obligation when restricted stock units vested. The reported price was $3.20 per share; she directly held 33,757 shares after the transaction.
Virgin Galactic Holdings, Inc. announced that the U.S. District Court for the Eastern District of New York issued an order on August 14, 2026 granting final approval of a settlement resolving all claims in two consolidated shareholder derivative actions. Under the settlement, the Company’s insurers will pay $2.75 million to Virgin Galactic; the Company will retain half of this amount and the remainder will be paid to plaintiffs’ counsel for attorneys’ fees and costs. All claims in these actions, and all other claims related to the allegations in these actions, have been fully released, and there was no finding of wrongdoing by the Company or any of its directors or officers.
Virgin Galactic Holdings, Inc. reported minimal revenue and continuing losses for the quarter and six months ended June 30, 2026 while remaining in a pre-commercial phase with no spaceflight revenue. Revenue was $0.1 million for the quarter and $0.4 million for the first half, primarily from astronaut access fees.
The company recorded a quarterly net loss of $55.9 million and a first-half net loss of $120.6 million, with operating cash outflows of $103.7 million in the first half. Cash, cash equivalents and restricted cash totaled $218.4 million, and marketable securities were $67.7 million as of June 30, 2026. Management concluded that conditions raise substantial doubt about the ability to continue as a going concern under ASC 205-40.
The company is shifting from development to manufacturing and testing of its next-generation spaceships, reducing research and development expenses while increasing spaceline operations costs. It expects flight tests to begin in October 2026 and commercial service to restart in February 2027. Debt was restructured: 2028 Notes were reduced to $172.0 million and 2027 Notes to $17.9 million, generating an $8.6 million gain on extinguishment and deferring mandatory 2028 principal payments until March 2028. An at-the-market equity program raised $145.0 million in the first half. The company reports over $240 million in expected future spaceflight revenue from reservations.
Virgin Galactic Holdings, Inc. reported second quarter 2026 results and an operational update. Cash, cash equivalents and marketable securities totaled $286 million as of June 30, 2026. The company generated $134 million in gross proceeds via an at-the-market equity program and reduced debt, including a $40.5 million principal reduction on notes due 2028 and a $52.5 million reduction on notes due 2027.
Revenue was $0.1 million, down from $0.4 million a year earlier, primarily from access fees. GAAP operating expenses declined to $65.1 million from $70.3 million, and net loss narrowed to $55.9 million from $67.3 million. Free cash flow improved to $(90.7) million from $(113.8) million. The latest tranche of spaceflight expeditions at a $750,000 price point was oversubscribed, adding over $50 million to expected future spaceflight revenue.
The first commercial spaceflight for the company’s first ship is now expected in February 2027, later than the prior fourth quarter 2026 timing. Management expects to begin the flight test phase in October 2026, start rocket production in the fourth quarter of 2026, and deliver positive quarterly cash flow within 2027. Guidance calls for free cash flow between $(95) million and $(100) million in the third quarter of 2026, improving to $(80) million to $(90) million in the fourth quarter.
State Street Corporation and its affiliate SSGA Funds Management, Inc. report beneficial ownership of Virgin Galactic Holdings, Inc. common stock. They collectively report beneficial ownership of 7,931,674 shares of common stock, representing 7.9% of the class as of June 30, 2026.
All reported voting and dispositive authority is shared, with no sole voting or dispositive power. SSGA Funds Management, Inc. separately reports 6,177,392 shares, or 6.1% of the class, held through investment advisory entities including State Street Global Advisors Europe Limited and State Street Global Advisors Trust Company.
Vanguard Capital Management reports beneficial ownership of 5,133,627 shares of Virgin Galactic Holdings Inc. common stock on a Schedule 13G as of June 30, 2026, representing 5.09% of the class.
Vanguard has sole voting power over 676,353 shares and sole dispositive power over all 5,133,627 shares, with no shared voting or dispositive power. The position reflects holdings across Vanguard Capital Management LLC and specified affiliated entities and funds for which it exercises voting and/or dispositive authority.