Virgin Galactic Shares Rise 20% Following Stronger-Than-Expected Q1 Outcomes
Virgin Galactic (NYSE: SPCE) experienced a significant uptick of about 20% in its shares during pre-market trading on Friday. This surge followed the company’s announcement regarding its first-quarter predictions and adhering to its flight schedule. In terms of financials, the company posted a quarterly net loss of $84.5 million, translating to $2.38 per share. This […]
Virgin Galactic grounded after pin ‘detaches’ on space tourism voyage
In space, no one can hear a pin drop. Richard Branson’s Virgin Galactic rocket was forced to land after parts fell off during its first space tourism flight in 2024. On January 26th, during the latest spaceflight, Galactic 06, an “alignment pin came loose.” The company announced on Tuesday. This pin was used to join […]
Virgin Galactic mothership loses alignment pin during space plane launch,
Astronaut John Shoffner talks about Sir Richard Branson’s rocket-powered spaceplane mission at Barney & Co. Aerospace and space travel company Virgin Galactic announced Monday that a small alignment pin has come loose from the Galactic 06 space flight. An alignment pin came off the launch pylon of the company’s mother ship, VMS Eve, during flight. […]