Why Virgin Galactic Stock Jumped 5% This Morning
Shares of Virgin Galactic Holdings (NYSE: SPCE) jumped 5.2% as of 11:35 a.m. EDT Monday morning, and it's not hard to figure out why investors are so excited.
Over the weekend, rival space tourism start-up Blue Origin held its live auction for the sale of the very first space tourism passenger ticket on its New Shepard rocket, which is scheduled to launch from Van Horn, Texas, on the 52nd anniversary of the Apollo 11 moon launch -- July 20, 2021.
That ticket sold for -- better sit down for this -- $28 million!
Source Fool.com