Published by Seeking Alpha, 23 March 2023 Summary Virgin Galactic Holdings is still burning through cash at an alarming rate. And a really important point will be whether they can meet their Q2 start date. If they have to postpone it again, combined with further shareholder dilution, this would probably
By Joey Roulette, Published by dunyanews, 1 March 2023 WASHINGTON (Reuters) - Virgin Galactic Holdings Inc (SPCE.N) has completed a lengthy upgrade period for its centrepiece tourist spacecraft, with commercial service on track to begin in the second quarter of 2023, the company said on Tuesday. The company, founded by
By Sam Boughedda, Published by Investing.com, 1 March 2023 Virgin Galactic Holdings (NYSE:SPCE) shares are trading lower early Wednesday after they missed fourth quarter earnings expectations. The spaceflight company posted a loss per share of $0.55 on revenue of $870K. Analysts expected a loss per share of $0.51, however, revenue
By Kevin George, Published by Investopedia, 27 February 2023 Virgin Galactic Holdings Inc. (SPCE), the world's first publicly traded space tourism company, likely lost over $100 million in the fourth quarter as operating costs surged and the company geared up to begin commercial operations. Analysts expect to see a year-on-year
By Jeff Foust, Published by SpaceNews, 16 February 2023 WASHINGTON — The carrier aircraft for Virgin Galactic’s suborbital spaceplane made its first flight in more than a year Feb. 15 as the company moves one step closer to beginning commercial service. The airplane, VMS Eve, took off from the Mojave
By Carlie Porterfield, Published by Forbes, 7 November 2022 Billionaire Richard Branson must face a lawsuit filed by Virgin Galactic shareholders who allege Branson hid issues with the space program and sold nine figures worth of stock at inflated prices, a federal judge ruled Monday, marking another hurdle for Branson’s
By Elizabeth Howell, Published by Space.com, 2 September 2022 Spaceport America and other private space launch facilities worldwide have a new entrant to the market: Canada, which aims to fly 'green' rockets in 2023. Spaceport America is getting a Canadian competitor. A private Canadian rocket facility aims to send clean-tech
By Christopher Carbone, Published by the Daily Mail, 28 July 2022 Florida-based Spaceship Neptune unveils luxury pod - complete with a bar - that travels 20 miles above Earth for $125,000 per person (but at least drinks are included!) Space Perspective has unveiled a final design for its Spaceship Neptune
