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Virgin Galactic's First Commercial Flight Sends Stock Price Soaring

1 min read
Source: Markets Insider
Virgin Galactic's First Commercial Flight Sends Stock Price Soaring
Photo: Markets Insider
TL;DR

Virgin Galactic's stock price surged by 47% after the company announced its first commercial flight, scheduled for June 27, with another in August. The company has faced delays and technical issues, and missed its 2021 revenue projection by 98%. Private space flights will cost $450,000 per ticket. Despite the stock's recent spike, it is still trading far below highs reached in 2021.

Topics:business#business#commercial-flights#richard-branson#space-tourism#stock-market#virgin-galactic
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  1. Virgin Galactic stock price surges as first commercial flight announced  Markets Insider
  2. Virgin Galactic sets first commercial space tourism flight for this month; shares spike more than 40%  CNBC
  3. THIS SUMMER: Virgin Galactic's First Commercial Spaceflights  Virgin Galactic
  4. Virgin Galactic pops 43% after setting timeline for commercial operations (NYSE:SPCE)  Seeking Alpha
  5. Virgin Galactic targets June 27-30 spaceflight launch | World Business Watch | English News | WION  WION

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