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SPCE Stock: Virgin Galactic Soars as Investors Bet Big on Commercial Launch The success of Saturday s long-delayed third test flight has SPCE stock rocketing higher to start the week May 24, 2021, 8:24 am EDT May 24, 2021
The successful launch of the VSS Unity on Saturday has turned into a huge booster for shares of
Virgin Galactic (NYSE:
SPCE) this morning. SPCE stock is up more than 20% in pre-market trading at 8:15 a.m. Eastern.
Source: Christopher Penler / Shutterstock.com
With the space tourism company’s third spaceflight and first ever spaceflight from Spaceport America, New Mexico, investors seem to be more confident that a full-fledge commercial launch is that much closer to reality. SPCE stock gained 30.2% last week in anticipation of the launch.