Virgin Galactic stock takes off! Richard Branson and his space company have announced plans to launch commercial flight operations into space this month. The first flight, called "Galactic 01," is scheduled for late June and will be a research mission with members of the Italian Air Force. Then, starting in early August, it will be the turn of "private astronauts" to be able to fly into space. And the coolest thing: Virgin Galactic plans to offer monthly commercial flights into space!
Virgin Galactic has been selling tickets for space since February 2022. The pleasure costs a whopping $450,000 (the equivalent of about €400,000) per person for a one-and-a-half-hour tour that includes weightlessness. You'll have to dig a little deeper into your pocket, but if you've always dreamed of flying into space, it might be worth it.
After the news of $SPCE the share price rose by a whopping 16.5%. Investors seem to have confidence in Branson's mission.
What's your take on flying commercially into space? I think it's pretty cool, but I could never afford a ticket for 400k.
It remains a niche - for starters, for the rich. I myself as a space aficionado have only some play money in it. But I'll keep watching, and see what the future brings. With Blue Origin and Space X, there are two heavyweight competitors in the space, all of which have not yet quite shaken up which focus they want to place - travel, space cargo or NASA 2.0.
Today's news on Virgin Galactic and Warner Brothers
Virgin Galactic plunges
Virgin Galactic plunged 14.2% in premarket trading after the company announced a delay in the commercial launch of space flights until the second quarter of 2023. Virgin Galactic also said it would sell up to $300 million in stock to boost its cash reserves
Warner Brotehrs Discovery shares plunged 11.6% in premarket trading after the company reported a quarterly loss and revenue that fell short of Wall Street forecasts.
Your news today on Virgin Galactic and Warner Brothers
Virgin Galactic collapses
Virgin Galactic plunged 14.2% in premarket trading after the company announced a delay in the commercial launch of space flights until the second quarter of 2023. Virgin Galactic also said it would sell up to $300 million in stock to boost its cash reserves
Warner Brotehrs Discovery shares plunged 11.6% in premarket trading after the company reported a quarterly loss and revenue that fell short of Wall Street forecasts.
NASA-Webb delivers deepest infrared image of the universe yet 🌌☄️
Webb's image covers a section of sky about the size of a grain of sand held by someone on the ground at arm's length - revealing thousands of galaxies in a tiny part of the vast universe.
Webb's sharp near-infrared image revealed faint structures in extremely distant galaxies and offers the most detailed look yet at the early universe.
Do any of you invest in Space Stocks? e.g. $SPCE $MAXR 🚀
Note: Report on health/research stocks still to come 🏥
