Virgin Galactic Shares Jump 36% With Traders Eyeing Test Flight
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After a nearly year-long hiatus, the VSS Unity spaceplane has once again taken to the skies. The craft successfully completed a training glide flight over Spaceport America in New Mexico, returning safely to the runway. Unity's previous flight took place in June 2024, when the spaceplane completed its final commercial mission. Following this, the craft was decommissioned as the company focused on... The post Virgin Galactic Resumes Spaceplane Fl…
Virgin Galactic Shares Jump 36% With Traders Eyeing Test Flight
Virgin Galactic shares surged 36.42% to $6.18 on record volume after announcing VSS Unity glide flights in New Mexico. The company raised $11 million this quarter through an at-the-market share sale and reported $251 million in cash at March 31. A federal court gave initial approval to settle shareholder lawsuits for $2.75 million. Virgin Galactic plans new spaceship tests in Q3 and a research flight in 2027. The post Virgin Galactic Shares Jump…
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