/r/VirginGalactic
Virgin Galactic is a spaceflight company aspiring to bring suborbital flights to the public beginning in 2023.
Founded in 2004 by Richard Branson, Virgin Galactic is a parent company within the Virgin Group. Virgin Galactic is also a publicly traded stock under the ticker symbol $SPCE.
This subreddit is unofficial and maintained by enthusiasts.
News, photos, etc related to the space company Virgin Galactic.
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/r/VirginGalactic
Here we go! 2025 is near, and 2026 is not too far off. Soon will be the time to either see all those promises come together - or if they were in fact tricking us all along.
Can we send an open letter the BoD? Just keep the cash for expenditure for 3 months and then we can convert all Cash equivalent into Bitcoin. We will be triple in shares after the announcement if board decides to buy BTC
That's around a million dollars investment. Is that algorithmic trading? It seems strange that they are investing given the $300M funds Virgin Galactic is going to raise by selling stock.
Here we go. All we have left is the holders and hedge funds in my opinion. Lawsuit behind us, space is the limit.
One day spce will get it's turn. To bad a 10x wouldn't even get most to even. What is your strategy here? Are you holding in hopes for even? Will you cut your losses before that? Sre you still holding for the long term? What's the consensus.
Translated from Italian:
“The Grottaglie spaceport, currently the only one in Europe, is close to an important milestone: an agreement with Virgin Galactic for suborbital flights. Enac President Pierluigi Di Palma, at yesterday's meeting at Confindustria in Taranto, announced that a meeting will be held in Washington on December 12 to formalize the agreement at the Italian embassy.”
Looks like a pretty good sign
$8 Here we go guys!!!
Engines are primed and ready for launch.
Looking at the stock it has had a hell of a run recently. Gates are open..
Fly baby fly
If anyone still believes in Virgin and has it or is lowering the flat price by increasing the quantity, may I ask why?
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seriously who do they think will even think to buy the stock right now? the company market cap is not even at 200M, are they completely out of their minds?
What do you think of this situation? Until recently, I've been buying additionally, and it's been down from 4.5 dollars before the merger to 20 dollars after the merger, and I can't believe it's an offer again... I saw the cash that Virgin has and it looked like it could last 26 years. Why is it suddenly offering such a large amount again? I hope it's an attempt to do something positively and meaningful. Please let me know your objective thoughts
Apparantly they are still on track to launch Delta flights in 2026. Net loss for the quarter was also quite a lot lower which is a good sign although they're going to be increasing staffing soon at the arizona factory for the assembly of the Delta spaceships.
If all goes to plan, and it's a big if, then perhaps the next year or two should be an accumulation stage of $SPCE.
I did a search and didn't see anything current in the topic, berate me with links if I missed it.
I'm looking at a hybrid job there.
Who's got experiences to share on working there, commuting from some place else, etc.
Still no spaceships, no reliable mothership, no more celebrity endorsements, an empty assembly plant, a test facility that has been shuttered by the city, no more cash, stocks are down 90% or so, 20-1 reverse split, no communication from the company on their progress, and no free T-shirt either. Just stories of visions of a fleet of ships, multiple spaceports, and an endless supply of customers willing to spend millions of dollars.
I'm starting to think I may be getting punked?
Happy to be holding. Haters get rekt.
Am I insane to think that by 2025 December this stock will be trading at around IPO price aka 200 ish.My assumption here is everything would go as planned. I would welcome any perspective on this. No personal attacks please.
I know many of you are emotional and have lost a ton. I want to have a facts based civil discussion on why you think they will or won’t deliver by 2026.
Some of you have talked about how there’s no way they can deliver on that timeline due to FAA approvals and testing and so forth.
Some of you have said that they will deliver and their new manufacturing plant is a testament to them having no expenses spared and really trying to meet that timeline.
I’d love to see actual thoughts on it. Again, no “rants” please abut how you think it’s a scam or it’s POS company.
Time marches on. Year and a half tops (about the wait for new car model), and one can be spacebound. I think they'll formally open sales around March 2025 if early flights go well.
June's Unity flight had av $900,000 tickets. Peeps with +$10m can easily afford a $600,000 ticket however once Delta flys, at the extremes, they could offer a mix of say 3 x researcher @ $900,000 and 3 x $250,000 and still gross c$3m (over $2m net) every Delta flight or c $4m per week from the two spaceplanes.
This experience is still very competitive compared with their 2 main rivals, and offers a far better thrill factor than balloons.
How many shares in total is VG right now?