Virgin Galactic Holdings, Inc. (NYSE: SPCE) finished its third spaceflight which was the first spaceflight yet from Spaceport America, New Mexico. The flight allows New Mexico to be the third US state to have sent people into space. SPCE stock price increased substantially adjacent to the news.
At last check-in premarket trading, shares of Virgin Galactic Holdings Inc. (SPCE) were up 26.29% at $26.61. SPCE stock closed last session at $21.07, increasing 6.36% or $1.26. Shares of the company fluctuated between $19.68 and $21.75 throughout the day. The shares of Virgin Galactic Holdings Inc. have advanced 30.22% in the last five days; however, they have lost -2.99% over the last month.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Read More
About First Human Spaceflight
VSS Unity reached a speed of Mach 3 as it was detached from the mothership, VMS Eve, and entered into space, with an altitude of 55.45 miles before drifting evenly to a landing strip at Spaceport America.
VSS Unity’s crew was inclusive of CJ Sturckow and Dave Mackay. Kelly Latimer and Michael Masucci were given the responsibility to fly the space craft. VMS Eve. CJ, who piloted and was in command, was labeled as the only person in the world who had reached space from three unique states.
The flight deck experienced sharp views of the vibrant, blue-rimmed curvature of the earth as well as the darkness of space. The successful experience shows potential Virgin Galactic’s Future Astronaut an idea of the future space tourism programs.
Virgin Galactic confirmed several targets between the flight, which were inclusive of:
Performed scientific research experimentation which fulfilled NASA’s Flight Opportunities Program objectives and increased revenue for SPCE.
Collection of analytics and data which may be used for the final two verification reports that are needed as part of the present FAA commercial operator’s license for spacecrafts that are reusable.
Checked the spaceship’s latest horizontal stabilizers and flight controls and confirmed EMI reductions.
After the completion of the flight, within appropriate ranges, Virgin Galactic will initiate a review of the complete test data accumulated and will inspect the spaceship and mothership in high detail. As the SPCE team approves of the results, the Company plans to move to the next flight test objective.
To show support for the first human spaceflight from the state of New Mexico, the Zia Sun Symbol of New Mexico’s state flag was drawn brightly on the surface of the Spaceship. Furthermore, the crew flew green chile seeds, which are conflated with the state’s ever-green agricultural and culinary history.
Conclusion
SPCE has invested heavily in the lucrative field of space tourism. Increasing interest from the public combined with successful space flights has substantially increased investor interest with SPCE stock price increasing immensely at last check.
