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Why Virgin Galactic Is Raising Another $400 Million

TheMotleyFool

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Why Virgin Galactic Is Raising Another $400 Million: https://g.foolcdn.com/editorial/images/737769/boom_2.jpg

Virgin Galactic (NYSE: SPCE) recently sold over $100 million of stock and is looking to sell $400 million more. Is that good or bad for the future of the company? In this video, Travis Hoium covers the recent stock sales and why this may only be the start of the company's fundraising.

*Stock prices used were end of day prices of June 26, 2023. The video was published on June 28, 2023.

Source Fool.com

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