Virgin Galactic Just Shocked the Market Again
Virgin Galactic (NYSE: SPCE) is raising prices again. This time, the price of a ticket will go up to $600,000. If the company gets to 300 or 400 flights per year, as planned, it will make $1.1 billion to $1.4 billion annually on tickets alone.
In this video, Travis Hoium covers the company's recent earnings release and how investors should think about the stock over the next two years.
*Stock prices used were end-of-day prices of Feb. 27, 2024. The video was published on Feb. 28, 2024.
Source Fool.com
