Elements that can influence the price of this asset:

Analysis N°1

You should particularly follow the progress of Virgin Galactic's development of technologies to offer its customers services with the creation of new launchers or new vessels.

Analysis N°2

Although competition is limited in this segment, it's also important to keep an eye on what the two main adversaries of Virgin Galactic offer in terms of services and prices.

Analysis N°3

The international expansion of the services offered by Virgin Galactic is also an interesting point to watch since the company currently only sells them in the United States.

Analysis N°4

Also keep an eye on obtaining sufficient funding to achieve the various projects carried out by the group as well as the signing of major contracts such as contracts with NASA.

Analysis N°5

Finally, you should focus on the group's financial and economic results as well as its official communications.

76.4% of retail investor accounts lose money when trading CFDs with this provider.

General presentation of Virgin Galactic :

To become a good trader by investing in the Virgin Galactic share price, you also need to know the company and its business segments perfectly. Here you'll find a more detailed presentation of it to help you seize the opportunities and challenges for the future.

The Virgin Galactic Holding Inc. group is an American company that was formerly known as Social Capital Hedosophia Holding Corp and which specializes in the aerospace industry. More specifically, the company offers manned space flight services to both wealthy individuals and researchers.

Virgin Galactic is currently focusing its efforts on the development of a space flight system aimed at offering its customers a multi-day experience with, as a highlight, a space flight that includes several minutes of weightlessness and views of Earth from space.

The group also has an aerospace development subsidiary called The Spaceship Company LLC, through which it manufactures space vehicles. It's based in California. The company's flight system is made up of three major components including a carrier plane called WhiteKnightTwo, a spacecraft called SpaceShipTwo and a hybrid rocket engine. Its spacecraft is capable of transporting pilots or customers and other payloads into space and then bringing them back to Earth. The carrier aircraft used is a double fuselage aircraft which was designed to transport the SpaceShipTwo to an altitude of approximately 45,000 feet from which the spacecraft is released for its flight into space.

The Virgin Galactic group belongs to the parent company Virgin and employs almost 906 people.

 

To know the competition of the Virgin Galactic share:

Here, you can take a closer look at the direct economic and competitive environment of Virgin Galactic. Although the space travel sector obviously has little competition given its strong technological barriers, the company still has two big competitors who could take market shares from it. You'll find them here.

 

The strategic alliances set up by Virgin Galactic :

Now check out who the strategic allies of the Virgin Galactic group are with some recent examples of partnerships that the group has been able to set up and which have enabled it to gain growth.

Frequently Asked Questions

When was Virgin Galactic listed on the stock market?

Virgin Galactic, created by Richard Branson, was the very first company specializing in space travel to go public in October 2018. Following this widely publicized introduction, the share price soared by over 5.3% with an opening at 12.41 dollars per share. Of course, since that time, the share has known other strong upward trends like in February 2020.

Where and how to follow the Virgin Galactic share price?

You can go to various online stock exchange websites to follow the Virgin Galactic share price in real time and live from the NYSE market However it's best to carry out this follow-up from the trading platform that you've chosen to trade the value in order to gain more possibilities of customizing your displays such as choosing the time, the type of charts, or show several technical indicators simultaneously.

76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.