Virgin Galactic Updates: What’s Happening With SpaceX Rival

Virgin Galactic Updates: What’s Happening With SpaceX Rival

[8/11/2020] Virgin Galactic Q2 Earnings & Other Updates

Richard Branson, founder of Virgin Group Ltd., waves after ringing the opening bell during Virgin ... [+] Galactic Holdings Inc.'s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Oct. 28, 2019. Photographer: Michael Nagle/Bloomberg



© 2019 Bloomberg Finance LP

Virgin Galactic (NYSE:SPCE), an aerospace company focused on suborbital spaceflight for space tourists, published Q2 earnings last week. While the company's financials are not very relevant yet, given that it has yet to begin commercial operations, there have been a couple of noteworthy developments in recent weeks.

Space Tourism Updates

The company indicated that it could begin commercial service of its spaceflight by early 2021,