Why I'm Still Bullish on Virgin Galactic Stock

2021 has been a rough year for Virgin Galactic (NYSE: SPCE), both as a company and a stock. The year started with hope that commercial space flights would be taking place by the end of the year, which would lead to millions of dollars in revenue. But as we enter the fourth quarter of the year it seems that delays and investigations into the company by regulators have been more common than flights.

Despite the ups and downs, I'm still very bullish on Virgin Galactic, and on space tourism and travel more broadly. This is a company that's building a disruptive business under the spotlight of public markets, and that's made the mission even more difficult. Here's what to like, and where I see some caution ahead for the stock.

Image source: Virgin Galactic.

Source Fool.com