Watchlist Stock: Virgin Galactic Soars | June 16, 2023
The recent announcement from Virgin Galactic (SPCE) has certainly stirred up excitement as the company prepares for the launch of its commercial spaceflight operations by the end of June. This promising prospect has been mirrored in the company's performance in the market, with a significant 40% surge in pre-market trading. The inaugural flight, Galactic 1, slated for June 27 to June 30, is designed to be a scientific research mission with crew members from the Italian Air Force and the National Research Council of Italy. Their aim is to explore microgravity research, marking a significant milestone for Virgin Galactic. Additionally, monthly flights with private astronauts are on the calendar starting in early August, demonstrating a commitment to sustained commercial operations. #SPCE #MarketUpdate 