Shares of aerospace and space travel company Virgin Galactic SPCE.N rise 5.1% to $2.28 after the bell
SPCE says its first new SpaceShip will begin ground tests in April and flight tests will start in Q3
Commercial spaceflight operations with first new SpaceShip on track for Q4
Second new SpaceShip expected to enter service between late Q4 2026 to early Q1 2027
SPCE says gearing up for rocket motor assembly at Phoenix factory, with manufacturing planned to begin in Q4 2026
Virgin Galactic reported Q4 2025 revenue of $0.3 million, vs $0.4 million in Q4 2024
SPCE stock has fallen 32.4% YTD