Virgin Galactic Resumes Test Flights, Stock Surges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 29 2026
0mins
Source: stocktwits
Virgin Galactic's stock surged by 14.02% as it reached a 20-day high following the resumption of test flights with its VSS Unity spacecraft. The company conducted a series of glide flights to train pilots and prepare for the upcoming Delta-class spacecraft, which could accelerate the launch timeline for future commercial vehicles. Additionally, Virgin Galactic reported a preliminary approval for a proposed settlement related to shareholder lawsuits, which includes a $2.75 million insurance payment. This positive news has contributed to strong investor optimism, reflected in a significant increase in retail sentiment.
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Analyst Views on SPCE
Wall Street analysts forecast SPCE stock price to fall
4 Analyst Rating
1 Buy
2 Hold
1 Sell
Hold
Current: 4.720
Low
2.30
Averages
3.43
High
4.50
Current: 4.720
Low
2.30
Averages
3.43
High
4.50
About SPCE
Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which offers access to space for private individuals, researchers, and government agencies. The Company’s operations include design and development, manufacturing, ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The Company has developed a portfolio of proprietary technologies that are embodied in the specialized vehicles that it has created to enable commercial spaceflight. These technologies underpin its carrier aircraft, the mothership; its spaceships; its hybrid rocket motor; and its safety systems. Its Carrier Aircraft-The mothership is a twin-fuselage, custom-built aircraft designed to carry spaceships up to an altitude of approximately 45,000 feet, where the spaceship is released for its flight into space. Its Virgin Galactic spaceships are reusable with the capacity to carry pilots and private astronauts, research experiments and researchers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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