Virgin Galactic
Coverage of Virgin Galactic in the Nexus archive.
- Why Virgin Galactic’s stock is having its worst day ever, after a record-smashing 7-day run
Virgin Galactic's stock experienced its worst day ever following a 7-day record-smashing run. The company announced a move to pay off debt, but investors are dissatisfied with the decision to issue new shares to achieve this.
- Virgin Galactic’s 200% Rally Burns Shorts as Retail Rushes In
Virgin Galactic's stock price has rallied 200%, burning short positions as retail investors rush in. The company's signage is displayed at the New York Stock Exchange.
- Virgin Galactic reveals new ship, but it's running out of time and cash
Virgin Galactic unveiled its next-generation spaceship in Mesa, Arizona, but the company faces financial and time constraints. Despite achieving six spaceflights in 2023, Virgin Galactic halted its VSS Unity spacecraft in June 2024 to prioritize the new vehicle, which aims to enable more frequent and lower-cost spaceflights.