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 • GXO Logistics • GATX • RXO • XPO • Tuniu • ModivCare • Despegar.com • 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)
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
8-K
Virgin Galactic Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update
27 Feb 24
8-K
Virgin Galactic Appoints Luigi Brambilla to Board of Directors
13 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Virgin Galactic Announces Third Quarter 2023 Financial Results And Provides Business Update
8 Nov 23
8-K
Virgin Galactic Appoints Henio Arcangeli, Jr. to Board of Directors and Announces Dr. Wanda Austin’s Retirement
24 Aug 23
10-Q
2023 Q2
Quarterly report
1 Aug 23
8-K
Virgin Galactic Announces Second Quarter 2023 Financial Results And Provides Business Update
1 Aug 23
Transcripts
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 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
SPCE
Earnings call transcript
2021 Q4
23 Feb 22
SPCE
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
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) | 269.06 mm | 269.06 mm | 269.06 mm | 269.06 mm | 269.06 mm | 269.06 mm |
Cash burn (monthly) | 42.99 mm | 13.77 mm | 38.09 mm | 47.55 mm | 30.50 mm | 40.34 mm |
Cash used (since last report) | 295.43 mm | 94.66 mm | 261.76 mm | 326.73 mm | 209.59 mm | 277.24 mm |
Cash remaining | -26.37 mm | 174.40 mm | 7.30 mm | -57.67 mm | 59.47 mm | -8.18 mm |
Runway (months of cash) | -0.6 | 12.7 | 0.2 | -1.2 | 2.0 | -0.2 |
Institutional ownership, Q3 2023
87.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 253 |
Opened positions | 32 |
Closed positions | 37 |
Increased positions | 80 |
Reduced positions | 55 |
13F shares | Current |
---|---|
Total value | 237.97 bn |
Total shares | 349.61 mm |
Total puts | 20.55 mm |
Total calls | 3.69 mm |
Total put/call ratio | 5.6 |
Largest owners | Shares | Value |
---|---|---|
Vieco USA | 114.79 mm | $1.37 bn |
Vieco 10 | 62.40 mm | $1.43 bn |
STT State Street | 33.70 mm | $60.66 bn |
Virgin Investments | 30.75 mm | $622.90 mm |
Vanguard | 30.17 mm | $54.30 bn |
BLK Blackrock | 24.33 mm | $43.79 bn |
Mubadala Investment Co PJSC | 11.06 mm | $0.00 |
Geode Capital Management | 5.83 mm | $10.50 bn |
Two Sigma Investments | 3.13 mm | $5.63 bn |
MS Morgan Stanley | 2.89 mm | $5.21 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
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 |
18 Apr 24 | Mabus Raymond E | Common Stock | Grant | Acquire A | No | No | 0 | 11,455 | 0.00 | 84,605 |
9 Apr 24 | Ahrens Douglas T | Common Stock | Payment of exercise | Dispose F | No | No | 1.18 | 6,259 | 7.39 k | 550,927 |
9 Apr 24 | Ahrens Douglas T | Common Stock | Payment of exercise | Dispose F | No | No | 1.18 | 55,389 | 65.36 k | 557,186 |
9 Apr 24 | Ahrens Douglas T | Common Stock | Option exercise | Acquire M | No | No | 0 | 110,140 | 0.00 | 612,575 |
9 Apr 24 | Ahrens Douglas T | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 110,140 | 0.00 | 330,420 |
9 Apr 24 | Alistair Burns | Common Stock | Payment of exercise | Dispose F | No | No | 1.18 | 5,744 | 6.78 k | 379,432 |
9 Apr 24 | Alistair Burns | Common Stock | Payment of exercise | Dispose F | No | No | 1.18 | 325 | 383.50 | 385,176 |
News
What's Happening With Virgin Galactic Shares?
24 Apr 24
Why Nucor Shares Are Trading Lower? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
23 Apr 24
What's Going On With Virgin Galactic (SPCE) Stock?
23 Apr 24
Why Vaxxinity Shares Are Trading Lower By Around 55%? Here Are Other Stocks Moving In Monday's Mid-Day Session
22 Apr 24
Why Virgin Galactic Stock Is Crashing To All-Time Lows
19 Apr 24
Press releases
Virgin Galactic Announces Date of First Quarter 2024 Financial Results and Conference Call
23 Apr 24
Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08
15 Apr 24
VIRGIN GALACTIC ALERT: Bragar Eagel & Squire, P.C. is Investigating Virgin Galactic Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
15 Feb 24
Virgin Galactic Reports Flight Issue to FAA
5 Feb 24