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  • Virgin Galactic's loss per share at $0.25 in Q1
    Virgin Galactic Holdings Inc. said on Tuesday that its loss per share in the first quarter of 2024 stood at $0.25, improving from a loss of $0.57 per share recorded in the same period in 2023.The firm's first-quarter net loss came in at $102 million, down from $159.3 million seen in last year's first...
  • Virgin Galactic plummets over 10%
    The shares of Virgin Galactic Holdings, Inc. continued to fall on Wednesday, dropping over 10%.In March, the business was sued by the Boeing Company and its subsidiary Aurora Flight Sciences over unpaid invoices amounting to $25 million, alongside allegedly holding on to the company's trade secrets,...
  • Virgin Galactic sinks premarket as Branson rules out new investment
    The stocks of Virgin Galactic Holdings Inc. slipped more than 16% during the premarket session on Monday following its founder Richard Branson's comments regarding further investment. In an interview with the Financial Times published on Sunday, Branson said he does not intend to invest...
  • Virgin Galactic plunges 10% on Morgan Stanley downgrade
    Virgin Galactic shares fell as much as 10% Wednesday to $1.92 following Morgan Stanley's decision to downgrade the stock to underweight. Shares of the aerospace and space travel company are down more than 40% in 2023 and more than 60% year-over-year. At 1:08 pm ET, after touching its low...
  • Virgin Galactic completes another crewed spaceflight
    Virgin Galactic Holdings Inc. announced on Friday that the company successfully finalized its fifth crewed space mission in five months, bringing three new private astronauts to space. The Galactic 04 mission was launched at 9:28 am MT (11:28 am ET), and the crew landed at 10:25 am MT. "Our...
  • Virgin Galactic opens flight window for 3rd cml. flight
    Virgin Galactic announced on Monday it will open a flight frame for its third commercial space flight, Galactic 03, on September 8. The crew will comprise VSS Unity Commander Nicola Pecile, VSS Unity Pilot Michael Masucci, and Astronaut Instructor Colin Bennett. Virgin Galactic underscored it...
  • Virgin Galactic launches its first tourist spaceflight
    Virgin Galactic Inc. launched its second commercial spaceflight, dubbed Galactic 02, from New Mexico on Thursday. The flight was the company's first one that sent civilian tourists to space. Aboard the flight, which is set to last around 80 minutes, are former Olympian Jon Goodwin, as well as...
  • Virgin Galactic plummets nearly 8% after earnings miss
    Shares of Virgin Galactic Holdings Inc. nearly 8% in Wednesday's premarket trading after the company reported worse-than-expected results for the second quarter of 2023. The spaceflight company's revenue skyrocketed from $357 million in the second quarter of 2022 to $1.9 billion this year...
  • Virgin Galactic plans next flight on August 10
    Virgin Galactic Holdings Inc. said on Thursday that the flight window for the Galactic 02 mission will open on August 10, 2023. The Galactic 02 will take three private passengers to space and will be the second commercial spaceflight and seventh spaceflight for the company overall. "Details of the...
  • Virgin Galactic slumps 10% after spaceflight
    Shares of Virgin Galactic Inc. plunged 10% after the company completed its first-ever commercial spaceflight. The VSS Unity landed back on the runway at Spaceport America in New Mexico after flying Italian researchers to the edge of space and conducting a series of experiments. Virgin...
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