Why Virgin Galactic Needs $2 Billion More in Funding

Virgin Galactic (NYSE: SPCE) is expected to take flight this week, but even if everything goes well the company has a financial challenge. To get to the Delta spacecraft that could be extremely profitable, the company needs to raise even more money. Travis Hoium digs into the numbers in this video. 

*Stock prices used were end-of-day prices of June 21, 2023. The video was published on June 25, 2023.

Continue reading


Source Fool.com