Virgin Galactic (SPCE 2.73%) 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
