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Virgin Galactic Holdings Inc - SPCE STOCK NEWS

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

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 (NYSE: SPCE) will release its first-quarter 2024 financial results on May 7, 2024, followed by a conference call at 2:00 p.m. PT. Investors can access the live webcast and replay on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.43%
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-
Rhea-AI Summary
Virgin Galactic announced the grant of time-based inducement restricted stock unit awards to a new non-executive employee, totaling 23,946 shares of common stock. The award will vest over a four-year period, with 25% vesting on the first anniversary of the grant date and the rest over the following 12 quarters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
none
-
Rhea-AI Summary
Virgin Galactic (NYSE: SPCE) granted time-based inducement restricted stock unit awards to two non-executive employees, totaling 46,225 shares, under the 2023 Employment Inducement Incentive Award Plan. The awards will vest over four years, with 25% vesting on the first anniversary of the grant date and the rest over the following 12 quarters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
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none
Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE: SPCE) announces successful completion of six human spaceflights in six months in 2023, with plans for Delta Class Spaceships to enter commercial service in 2026. The company reported strong financial results for the fourth quarter and full year ended December 31, 2023, with a cash position of $982 million and revenue growth driven by commercial spaceflights and membership fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.89%
Tags
-
Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE: SPCE) will report its Q4 and full-year 2023 financial results on February 27, 2024, followed by a conference call. The webcast and replay will be accessible on the Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.37%
Tags
-
Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE: SPCE) announced that an alignment pin detached from the launch pylon of VMS Eve during the 'Galactic 06' spaceflight. The company notified the FAA and is conducting a review. The flight was safe, with no safety impact to the vehicles or crew. No damage was observed, and the detached pin did not affect the spaceship or mothership during mated flight. Virgin Galactic plans to provide further updates and confirm the flight window for the 'Galactic 07' mission in the second quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.04%
Tags
none
Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE: SPCE) completed its 11th spaceflight with all four seats aboard VSS Unity occupied by private astronauts. The successful 'Galactic 06' flight increases confidence in the repeatability of the product and the ability to deliver a superlative experience to customers. The Company's next mission is expected in the second quarter of 2024, including a researcher and private astronauts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
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none
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Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE:SPCE) announced the opening of the 'Galactic 06' flight window on January 26, 2024. This will be the company's 11th spaceflight, following a year of unprecedented human spaceflight achievements. Four private astronauts from three different countries will journey to space on Virgin Galactic's sixth commercial spaceflight. The crew will include VSS Unity Commander CJ Sturckow and pilot Nicola Pecile, as well as VMS Eve Commander Michael Masucci and pilot Dan Alix.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.61%
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none
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Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE: SPCE) announces the appointment of Luigi Brambilla to the Board of Directors. Brambilla, with 18 years of experience across various sectors including 10 years at the Virgin Group, brings extensive investment and capital markets expertise to support the company's growth and the building of its Delta Class fleet. His appointment fills the seat previously held by Evan Lovell, who passed away in June 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.7%
Tags
management
Rhea-AI Summary
Virgin Galactic Holdings, Inc. (NYSE: SPCE) announced a strong financial position with $1.1 billion in cash and marketable securities, forecasting positive cash flow in 2026 after successfully completing six spaceflights in six months. Third quarter 2023 financial highlights include a $1.7 million revenue and a net loss of $105 million. Business updates include the 'Galactic 06' spaceflight mission planned for January 2024 and the opening of a spaceship factory in Phoenix, Arizona in mid-2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.23%
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Virgin Galactic Holdings Inc

NYSE:SPCE

SPCE Rankings

SPCE Stock Data

432.04M
365.53M
8.42%
39.28%
23.42%
Small Arms Ammunition Manufacturing
Manufacturing
Link
United States
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