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Virgin Galactic Is Going Nowhere if It Doesn't Answer This Big Question

Without an infusion of cash, Virgin Galactic is going nowhere.

By Travis Hoium – Nov 7, 2023 at 6:00PM EST

Virgin Galactic (SPCE 3.98%) has begun to complete monthly space flights, a sign of maturity for the company. But to get to any kind of positive cash flow, the company needs to build its next-generation spacecraft and scale operations to near-daily flights.

In this video, Travis Hoium discusses what Virgin Galactic needs to show investors when it reports earnings; if a major question isn't answered, the stock could continue to slide.

*Stock prices used were mid-day prices of Nov. 7, 2023. The video was published on Nov. 7, 2023.

https://youtu.be/PcKgeiqRahY

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Virgin Galactic. The Motley Fool has no position in any of the stocks mentioned. 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.

Stocks Mentioned

Virgin Galactic Stock Quote
Virgin Galactic
NYSE: SPCE
$2.17
(-3.98%)-$0.09

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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