To the moon? Perhaps not—but shares of suborbital flight company Virgin Galactic are certainly on a ride this week.
Space stocks are splitting hard in Tuesday's session. Virgin Galactic (NYSE:SPCE) stock is crashing 32% to around $5.08 in mid-morning trading, while AST SpaceMobile (NASDAQ:ASTS) stock climbs 10% to around $116 and Planet Labs (NYSE:PL) stock advances 9% to around $50.50.
Virgin Galactic (NASDAQ: SPCE) stock has gone parabolic, reaching its highest point since June 2024 as investors piled into space-related companies. SPCE jumped to $8.85, up by over 300% from its lowest point this year, with its market capitalization soaring to nearly $700 million.
The space sector split is widening fast Monday morning. Virgin Galactic (NYSE:SPCE) stock is up 18% to $7.28, while launch-exposed peers are sliding hard.
Does Virgin Galactic (SPCE) have what it takes to be a top stock pick for momentum investors? Let's find out.
Virgin Galactic (NYSE: SPCE) stock price has gone parabolic this month, reaching its highest point since December last year. SPCE shares have jumped by 65% from their lowest level this year.
Virgin Galactic remains a highly speculative play, but 1Q26 validated operational milestones and kept the commercialization bridge intact. SPCE continues to burn cash and dilute shareholders, yet milestone progress—Delta spaceship ground testing and flight schedules—supports a more concrete bull case. Demand signals are positive, with $750k seat bookings receiving global interest and deposits, countering skepticism on pricing power.
Virgin Galactic NYSE: SPCE said it remains on schedule to begin flight testing its first new Delta-class spaceship in the third quarter of 2026 and conduct rocket-powered spaceflight in the fourth quarter, as the company works through the final stages of its pre-revenue development phase.
Virgin Galactic Holdings, Inc. (SPCE) Q1 2026 Earnings Call Transcript
Virgin Galactic Holdings Inc (NYSE:SPCE) shares surged after the company announced its decision to resume ticket sales for its space flights at a higher price of $750,000 per seat. The reopening of sales for its “Virgin Galactic Spaceflight Expeditions” was welcomed by investors as a signal of underlying demand and a clearer path to future revenue, particularly as the company works toward restarting regular commercial operations.
Virgin Galactic Holdings (NYSE:SPCE) shares are surging 18% in Monday morning trading, making it one of the standout movers to start the week.
Virgin Galactic has reopened limited commercial spaceflight sales at $750,000 per ticket, roughly $100,000 above its previous pre-pause list price.