Track the Virgin Galactic stock price today and spot the best levels for profitable CFD trades
Virgin Galactic is the vertically integrated aerospace company and the world’s first commercial spaceline. It is developing and operating a new generation of space vehicles with the mission to open up space to ordinary people.
The company operates within the Virgin Group and develops commercial spacecraft to be able to launch suborbital science missions and space flights for space tourists. SpaceShipTwo is Virgin Galactic’s suborbital spacecraft, which is air launched from White Knight Two, a carrier airplane.
Virgin Galactic was founded in 2004 by British entrepreneur Sir Richard Branson, the founder of Virgin Atlantic and Virgin Group. Originally, Richard Branson planned to conduct a maiden flight at the end of 2009, but it was delayed for several years.
In December 2018, VSS Unity (a SpaceShipTwo-class suborbital rocket-powered crewed spaceplane) conducted the first suborbital space flight. The company plans its next spaceflight test in May 2021, and announced further delay of commercial space flights until early 2022.
In 2010, Aabar Investments, the sovereign wealth fund of Abu Dhabi, bought a 31.8 per cent stake in Virgin Galactic for $280 million, and got exclusive rights for launching scientific and tourist space flights from the UAE capital. In 2011, Aabar invested an additional $110 million, raising its stake in the company to 37.8 per cent.
Virgin Galactic Holdings Inc. floated on the New York Stock Exchange (NYSE) on October 28, 2019 under the ticker symbol SPCE. With Capital.com, you can access the latest Virgin Galactic stock quote in real-time.
Looking at the Virgin Galactic Holdings Inc (SPCE:NYSE) performance at the beginning of 2021, we can note it was quite outstanding with the SPCE share price surging from $23.21 on January 1, 2021 to the all-time high of $62.80 on February 11, 2021. In the last 1-year period the Virgin Galactic stock price fluctuated within a range of $12.10 - $62.80.
According to Virgin Galactic's fourth quarter results 2020, the company shared an adjusted EBITDA loss of $59.5 million, which is slightly down from a loss of $66 million in the previous quarter. Although the company didn’t generate revenue in the quarter, it shared plans to launch its new spacecraft SpaceShip III generation on March 30, 2021.
You can trade Virgin Galactic shares today with CFDs directly from the interactive SPCE stock chart at Capital.com. Follow the Virgin Galactic share price live and decide whether to open a long or a short trade, depending on the stock’s performance. Track the SPCE stock and include this spaceflight company in your investment portfolio.