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
![Virgin Galactic Holdings Inc - Ordinary Shares logo](/files/LOGO/1706946-SPCE.png)
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)
8-K
Departure of Directors or Certain Officers
14 Jun 24
8-K
Other Events
12 Jun 24
S-8
Registration of securities for employees
12 Jun 24
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
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
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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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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Operating income | |||||
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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) | 20.14 mm | 48.91 mm | 96.33 mm | 103.83 mm | 98.13 mm | 92.15 mm |
Cash remaining | 210.21 mm | 181.44 mm | 134.02 mm | 126.52 mm | 132.23 mm | 138.20 mm |
Runway (months of cash) | 27.1 | 9.6 | 3.6 | 3.2 | 3.5 | 3.9 |
Institutional ownership, Q1 2024
90.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 240 |
Opened positions | 201 |
Closed positions | 12 |
Increased positions | 6 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 238.24 bn |
Total shares | 370.74 mm |
Total puts | 23.65 mm |
Total calls | 9.23 mm |
Total put/call ratio | 2.6 |
Largest owners | Shares | Value |
---|---|---|
Vieco USA | 114.79 mm | $1.37 bn |
Vieco 10 | 62.40 mm | $1.43 bn |
STT State Street | 54.23 mm | $80.26 bn |
Vanguard | 34.63 mm | $51.26 bn |
BLK Blackrock | 31.75 mm | $47.00 bn |
Virgin Investments | 30.75 mm | $45.81 mm |
Geode Capital Management | 7.74 mm | $11.46 bn |
MS Morgan Stanley | 4.18 mm | $6.18 bn |
NTRS Northern Trust | 3.50 mm | $5.19 bn |
GS Goldman Sachs | 1.69 mm | $2.49 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Jun 24 | Henio R Arcangeli Jr | Common Stock | Grant | Acquire A | No | No | 0 | 146,749 | 0.00 | 204,889 |
12 Jun 24 | Mabus Raymond E | Common Stock | Grant | Acquire A | No | No | 0 | 170,228 | 0.00 | 254,833 |
12 Jun 24 | Wanda A Sigur | Common Stock | Grant | Acquire A | No | No | 0 | 146,749 | 0.00 | 206,588 |
12 Jun 24 | Kreeger Craig S | Common Stock | Grant | Acquire A | No | No | 0 | 146,749 | 0.00 | 233,926 |
12 Jun 24 | Diana S. Strandberg | Common Stock | Grant | Acquire A | No | No | 0 | 146,749 | 0.00 | 219,899 |
News
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17 Jun 24
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17 Jun 24
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14 Jun 24
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13 Jun 24
What's Going On With Virgin Galactic Stock Thursday?
13 Jun 24
Press releases
Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08
17 Jun 24
Virgin Galactic to Effect a Reverse Stock Split
12 Jun 24
Virgin Galactic Completes 12th Successful Spaceflight
8 Jun 24
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