SPCE Oct 2023 11.000 call
| Previous Close | 0.2400 |
| Open | 0.1800 |
| Bid | 0.1800 |
| Ask | 0.2500 |
| Strike | 11.00 |
| Expire Date | 2023-10-20 |
| Day's Range | 0.1800 - 0.1800 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 1.95k |
Motley FoolAre All Space Stocks Insanely Overpriced?
How much are space stocks worth? ...then a price-to-sales ratio of two to four might possibly be a fair price to pay for a profitable space stock. In a matter of days, Virgin Orbit's never-very-likely sale to Texas-based investor Matthew Brown fell apart.
Motley FoolUnlike a Phoenix, Virgin Orbit Will Not Rise Again
Virgin Orbit is history -- and won't be rising from the ashes ever again. Virgin Orbit, Sir Richard Branson's airplane-assisted satellite-launching venture -- as distinguished from Virgin Galactic (NYSE: SPCE), which launches human tourists to space -- had a good run, launching six rockets in the general direction of space over the past three years. Burning through cash at a rate of more than $230 million a year, and in need of more cash -- and quickly -- Virgin Orbit's second-out-of-six-attempts launch failure came at a bad time for the company.
Motley FoolHere's Why Virgin Galactic Stock Is Down Despite Good News
The company is returning to space. Investors are still struggling to see how it will do so profitably.
The Canadian PressVirgin Galactic completes final test flight before launching paying customers to space
ALBUQUERQUE, N.M (AP) — Virgin Galactic completed what is expected to be its final test flight Thursday before taking paying customers on brief trips to space, marking what the space tourism company described as a “fantastic achievement” in what has been a long road to commercial operations. Six of the company's employees, including two pilots, landed at Spaceport America in southern New Mexico after the short up-and-down flight that included a few minutes of weightlessness. It took about an hou
- Business Wire
Virgin Galactic Completes Successful Spaceflight
ORANGE COUNTY, Calif., May 25, 2023--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today successfully completed its Unity 25 mission to space. Mission specialists Jamila Gilbert, Christopher Huie and Luke Mays became the newest Virgin Galactic Astronauts as they evaluated the end-to-end astronaut training and spaceflight experience.
Motley FoolIn Under 2 Years, Virgin Galactic Could Be Out of Cash
At its current burn rate, Virgin Galactic may soon need to sell 10% of its share count every quarter, just to stay solvent.
- Reuters
Virgin Galactic set for first spaceflight in nearly two years
Virgin Galactic, the space tourism firm founded by Richard Branson, is set to launch its first spaceflight mission in nearly two years on Thursday, a final planned test flight with a crew of six before it kickstarts its long-awaited commercial service. The company's Unity 25 mission from Spaceport America, New Mexico, comes 22 months after billionaire Branson and other Virgin Galactic employees rode to the edge of space aboard the company's centerpiece SpaceShipTwo spaceplane. But a safety probe into Branson's flight by the U.S. Federal Aviation Administration hampered the company's near-term plans, as did a lengthy spacecraft upgrade period that lasted longer than Virgin Galactic originally anticipated.
Motley FoolVirgin Orbit Shuts Down Following Liquidation Sale
Houston, we have a problem. Richard Branson's bankrupt Virgin Orbit announced it is shutting down for good after a liquidation sale of most of...
BloombergRichard Branson’s Virgin Orbit to Liquidate, Sell Off Assets to Stratolaunch, Rocket Lab
(Bloomberg) -- Stratolaunch LLC and Rocket Lab USA Inc. are among the buyers for assets of Virgin Orbit Holdings Inc., the bankrupt space-launch company tied to billionaire Richard Branson.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutXi Upends the Secretive World of $10,000-an-Hour China ExpertsLuxury Stocks Lose $30 Billion in One Day on Demand FearsChina’s New Covid Wave Set to See 65 Million Cases a
Motley FoolWhy Virgin Galactic, BlackSky, and AST SpaceMobile Stocks All Popped Today
This week is looking like an exciting week for space investors, with good news from SpaceX last night, and hopefully some more good news from Virgin Galactic Holdings (NYSE: SPCE) arriving in a couple of days. In late Monday-morning trading, as of 11:10 a.m. ET, shares of space tourism pioneer Virgin Galactic notched a 9.7% gain, followed closely by cellphones-in-space company AST SpaceMobile (NASDAQ: ASTS), up 7.2%, and spy satellite operator BlackSky Technology (NYSE: BKSY), up 6.6%. On Sunday evening, SpaceX launched the second Axiom Space "all-private astronaut mission" to the International Space Station.
- Business Wire
Virgin Galactic is a Go for Launch: Unity 25 Flight Window Opens May 25, 2023
ORANGE COUNTY, Calif., May 17, 2023--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced that the flight window for its upcoming spaceflight will open on May 25, 2023. The Unity 25 mission specialists will begin astronaut training on May 22, 2023.
- Reuters
UPDATE 1-Virgin Orbit enters $17 million 'stalking horse' bid to sell aircraft assets
Bankrupt satellite launch company Virgin Orbit said on Tuesday it entered into a "stalking horse" agreement with Stratolaunch to sell mainly its aircraft assets, including the "Cosmic Girl" carrier aircraft, for $17 million in cash. A stalking horse bid is used as a starting bid or minimally accepted offer that other interested bidders must surpass if they want to buy the asset or company.
Motley FoolVirgin Galactic Gets Closer to Takeoff
Virgin Galactic (NYSE: SPCE) announced steps toward two space flights in the next few weeks. In this video, Travis Hoium highlights the opportunity and risk for investors. *Stock prices used were end-of-day prices of May 10, 2023.
ReutersVirgin Orbit plans to move back deadline for bidders - source
Satellite launch company Virgin Orbit is planning to move back the deadline for prospective bidders to buy its assets by a handful of days, according to two sources familiar with the matter. The development was first reported by Sky News. Virgin Orbit, founded by billionaire Richard Branson, filed for Chapter 11 bankruptcy protection in April after the company struggled to secure long-term funding following a failed satellite launch in January.
Simply Wall St.Virgin Galactic Holdings First Quarter 2023 Earnings: Misses Expectations
Virgin Galactic Holdings ( NYSE:SPCE ) First Quarter 2023 Results Key Financial Results Net loss: US$159.4m (loss...
- Thomson Reuters StreetEvents
Q1 2023 Virgin Galactic Holdings Inc Earnings Call
Q1 2023 Virgin Galactic Holdings Inc Earnings Call
- Investing.com
Airbnb, Twilio and Virgin Galactic fall premarket; Rivian rises
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 10th. Please refresh for updates.
ZacksVirgin Galactic (SPCE) Reports Q1 Loss, Tops Revenue Estimates
Virgin Galactic (SPCE) delivered earnings and revenue surprises of -14% and 22.50%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- Business Wire
Virgin Galactic Announces First Quarter 2023 Financial Results And Provides Business Update
ORANGE COUNTY, Calif., May 09, 2023--Virgin Galactic Holdings, Inc. (NYSE: SPCE) ("Virgin Galactic" or the "Company") today announced its financial results for the first quarter ended March 31, 2023 and provided a business update.
Yahoo Finance VideoToday's top stories: Debt ceiling debate, Tyson Foods earnings, Virgin Galactic flight
The Yahoo Finance Live breaks down the top news stories from the trading day on Monday.
Yahoo Finance VideoVirgin Galactic stock lifts off ahead of first commercial flight in June
The Yahoo Finance Live team discusses a rise in Virgin Galactic stock as the company prepares for its first commercial flights.
ReutersVirgin Galactic to start commercial flight in late June, shares rise
The company, backed by billionaire Richard Branson, had in May last year delayed its commercial service to the first quarter of 2023 due to supply-chain crisis and labor shortage. "Returning to space is what we have all worked towards," said Mike Moses, president of spaceline missions and safety.
- Business Wire
Virgin Galactic Announces Crew for Return to Space in Late May
ORANGE COUNTY, Calif., May 08, 2023--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the mission specialists who will take part in the upcoming Unity 25 mission. Unity 25 is the final assessment of the full spaceflight system and astronaut experience ahead of the first commercial flight, ‘Galactic 01’, planned for late June.
ZacksWhat's in Store for Virgin Galactic (SPCE) in Q1 Earnings?
Virgin Galactic's (SPCE) Q1 results are likely to reflect the positive impact of the solid demand for space travel, which may have been partially dampened by the rise in certain costs.
WSJVirgin Orbit: How Richard Branson’s Satellite Startup Went Bankrupt
Once promising satellite-launch startup Virgin Orbit filed for bankruptcy in April after launch issues and a changing satellite market caught up with it. WSJ explains what led to the Virgin Galactic spinoff’s collapse. Illustration: Jordan Kranse
