This is a high-risk stock, but the reward could be incredible too.
Virgin Galactic (SPCE -0.08%) is changing the way we think about space, but it's been burning through cash at an unsustainable rate. Commercial operations are supposed to start in a few months, but will that be enough to make the company sustainable? Travis Hoium and Jon Quast discuss the opportunity and risk for this stock in the video below.
*Stock prices used were end-of-day prices of Feb. 15, 2023. The video was published on Feb. 17, 2023.
Jon Quast has no position in any of the stocks mentioned. Travis Hoium has positions in Virgin Galactic and has the following options: long March 2023 $250 puts on Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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