virgin galactic is the world’s first commercial spaceline. we are developing vehicles to fly private astronauts, research experiments, and satellites to space—democratizing access to space for the benefit of life on earth. the virgin galactic astronaut experience will include out-of-seat weightlessness and stunning views of earth from space onboard spaceshiptwo, our reusable spaceplane designed for us by aerospace pioneer scaled composites. spaceshiptwo has been designed to carry two pilots and as many as six astronauts (or more than 1,000 pounds of experiments) to space and back on commercial flights from new mexico’s spaceport america, the world’s first purpose-built commercial spaceport. we are also developing launcherone, a dedicated launch vehicle for small satellites. launcherone is designed to carry smaller satellites (typically 200-300 kilograms)) into earth orbit for historically low prices. together with our wholly-owned manufacturing arm, the spaceship company, virgin galact
Company profile
Ticker
SPCE
Exchange
Website
CEO
Michael Colglazier
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Booking • Expedia • GATX • GXO Logistics • RXO • XPO • Tuniu • Despegar.com • ModivCare • Lindblad Expeditions ...
Former names
Social Capital Hedosophia Holdings Corp.
SEC CIK
Corporate docs
Subsidiaries
Galactic Co., LLC • Galactic Enterprises, LLC • Vehicle Holdings, Inc. • Virgin Galactic, LLC • Virgin Galactic Vehicle Holdings, Inc. • Virgin Galactic Limited • FANME Development, LLC ...
SPCE stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
29 May 24
8-K
Virgin Galactic Receives NYSE Continued Listing Standard Notice
29 May 24
10-Q
2024 Q1
Quarterly report
7 May 24
8-K
Virgin Galactic Announces First Quarter 2024 Financial Results and Provides Business Update
7 May 24
ARS
2023 FY
Annual report to shareholders
29 Apr 24
DEFA14A
Additional proxy soliciting materials
29 Apr 24
DEF 14A
Definitive proxy
29 Apr 24
PRE 14A
Preliminary proxy
18 Apr 24
8-K
Amendments to Articles of Incorporation or Bylaws
14 Mar 24
10-K
2023 FY
Annual report
27 Feb 24
Transcripts
SPCE
Earnings call transcript
2024 Q1
7 May 24
SPCE
Earnings call transcript
2023 Q4
27 Feb 24
SPCE
Earnings call transcript
2023 Q3
8 Nov 23
SPCE
Earnings call transcript
2023 Q2
1 Aug 23
SPCE
Earnings call transcript
2023 Q2
1 Aug 23
SPCE
Earnings call transcript
2023 Q1
9 May 23
SPCE
Earnings call transcript
2022 Q4
28 Feb 23
SPCE
Earnings call transcript
2022 Q3
4 Nov 22
SPCE
Earnings call transcript
2022 Q2
5 Aug 22
SPCE
Earnings call transcript
2022 Q1
6 May 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 230.35 mm | 230.35 mm | 230.35 mm | 230.35 mm | 230.35 mm | 230.35 mm |
Cash burn (monthly) | 7.75 mm | 18.81 mm | 37.05 mm | 39.94 mm | 37.74 mm | 35.45 mm |
Cash used (since last report) | 17.59 mm | 42.70 mm | 84.11 mm | 90.66 mm | 85.68 mm | 80.46 mm |
Cash remaining | 212.77 mm | 187.65 mm | 146.24 mm | 139.69 mm | 144.67 mm | 149.89 mm |
Runway (months of cash) | 27.5 | 10.0 | 3.9 | 3.5 | 3.8 | 4.2 |
Institutional ownership, Q4 2023
50.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 51 |
Opened positions | 7 |
Closed positions | 209 |
Increased positions | 10 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 4.53 bn |
Total shares | 208.66 mm |
Total puts | 6.65 mm |
Total calls | 72.30 k |
Total put/call ratio | 92.0 |
Largest owners | Shares | Value |
---|---|---|
Vieco USA | 114.79 mm | $1.37 bn |
Vieco 10 | 62.40 mm | $1.43 bn |
Virgin Investments | 30.75 mm | $45.81 mm |
Strategic Wealth Designers | 268.61 k | $658.10 mm |
Arizona State Retirement System | 97.50 k | $238.88 mm |
Portman Square Capital | 93.26 k | $228.48 mm |
Raymond James Financial Services Advisors | 53.17 k | $130.27 mm |
Coastal Investment Advisors | 32.39 k | $79.36 mm |
SG Americas Securities | 30.15 k | $74.00 k |
Nisa Investment Advisors | 18.97 k | $46.48 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 May 24 | Alistair Burns | Common Stock | Payment of exercise | Dispose F | No | No | 1.01 | 24 | 24.24 | 379,355 |
6 May 24 | Alistair Burns | Common Stock | Payment of exercise | Dispose F | No | No | 0.948 | 17 | 16.12 | 379,379 |
6 May 24 | Michael A Colglazier | Common Stock | Payment of exercise | Dispose F | No | No | 0.948 | 16,516 | 15.66 k | 817,359 |
22 Apr 24 | Aparna Chitale | Common Stock | Payment of exercise | Dispose F | No | No | 0.8561 | 1,232 | 1.05 k | 203,281 |
22 Apr 24 | Alistair Burns | Common Stock | Payment of exercise | Dispose F | No | No | 0.8561 | 36 | 30.82 | 379,396 |
News
12 Industrials Stocks Moving In Wednesday's Intraday Session
29 May 24
What's Going On With Virgin Galactic Stock?
28 May 24
Why Applied DNA Sciences Shares Are Trading Lower By Around 68%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
28 May 24
12 Industrials Stocks Moving In Tuesday's Intraday Session
28 May 24
Nvidia, Insmed, Agios Pharmaceuticals And Other Big Stocks Moving Higher On Tuesday
28 May 24
Press releases
Virgin Galactic Announces Participation in TD Cowen's 8th Annual Future of the Consumer Conference
3 Jun 24
Virgin Galactic Receives NYSE Continued Listing Standard Notice
29 May 24
Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08
15 May 24
Virgin Galactic Announces First Quarter 2024 Financial Results and Provides Business Update
7 May 24
Virgin Galactic Begins Operations at Delta Spaceship Ground Testing Facility
6 May 24