Where Will Virgin Galactic Be in 3 Years?
Virgin Galactic (NYSE: SPCE) has big plans for the next three years that could, quite literally, make or break the company. The key date is January 2026, less than three years away, but that's much further away than it may seem. In fact, the company is so worried about reaching its goal that it recently pulled back on its current space flight schedule. Here's what you need to know about the next three years at Virgin Galactic.
Virgin Galactic's goal is to create a space travel business, transporting everyday people beyond the Earth's atmosphere. It reached some very important goals on this front in 2023. On May 25, 2023, the company announced that it had completed a test spaceflight. The successful flight was intended as a test of the entire flight process, setting up the company's first commercial flight, which Virgin Galactic announced was a success on June 29, 2023.
Image source: Virgin Galactic.
Source Fool.com
