Virgin Galactic has announced a plan to restructure its debt and sell more shares. The goal is to push back the due date on debt until Virgin Galactic resumes space tourism flights. 10 stocks we like ...
Virgin Galactic is restructuring its debt in a bid to reach profitability before it runs out of money. The restructuring will probably raise interest costs, and will definitely dilute existing ...
Virgin Galactic Holdings reported Q3 revenue of $365,000 and improved EPS, but liquidity concerns remain unresolved. SPCE's cash burn improved to -$108 million, with $424 million in cash, but ...
Virgin Galactic faces ongoing cash burn and looming debt maturity, making its long-term survival questionable. Significant revenue is likely at least 18 months away, meaning Virgin Galactic will ...
Sell $46 million worth of new stock (that's about 12.1 million shares at the current share price), with attached warrants to buy stock. Place $203 million worth of "first lien notes" due in 2028 and ...
Ever since its initial public offering (IPO) in 2021, space tourism stock Virgin Galactic (NYSE: SPCE) has been assuring investors it can profit from the brand new business of flying wealthy tourists ...