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Virgin Galactic founder Richard Branson officially on his way to space
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Virgin Galactic founder Richard Branson touches space, finally
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Virgin Galactic shares jump after announcing it will test the SpaceShipTwo Unity on Saturday
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Gear Up for a Historic Test Flight With Virgin Galactic Stock It s the final countdown for SPCE stock as the billionaire-run space company prepares for launch Dec 14, 2020, 2:32 pm EDT December 14, 2020
It’s not every day that you have a chance to invest in a company that might actually be in the history books someday.
Virgin Galactic (NYSE:
Source: Christopher Penler / Shutterstock.com
They’re so excited, in fact, that investors recently pushed the SPCE share price near its all-time high. Value-focused investors and contrarians might view this enthusiasm as a cause for concern.
After all, the idea is to buy low and sell high, right? Yet sometimes, when significant milestones are being attained, the only direction for a stock is up. In other words, there’s no need to fight against the trend right now with SPCE stock.
Virgin Galactic rocket lands safely after its test flight abruptly ended due to a motor failure
The spaceship was crewed by two pilots. There was payload belonging to NASA on board but no passengers.
Dec 14, 2020 13:12:22 IST
A Virgin Galactic test flight Saturday ended prematurely as the spacecraft’s rocket motor failed to ignite and it then glided down safely to its landing site in southern New Mexico. The spacecraft’s engine is supposed to ignite moments after the craft is released from a special carrier jet, sending it in a near-vertical climb toward the edge of space. “After being released from its mothership, the spaceship’s onboard computer that monitors the rocket motor lost connection,” CEO Michael Colglazier said in a statement. “As designed, this triggered a fail-safe scenario that intentionally halted ignition of the rocket motor.”