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      Is This Why The Virgin Galactic (SPCE) Stock Rose 27% After Hours? - Stocks Telegraph

      By ST Staff

      Published on

      July 2, 2021

      7:30 AM UTC

      Last Updated on

      July 14, 2021

      7:18 AM UTC

      Is This Why The Virgin Galactic (SPCE) Stock Rose 27% After Hours? - Stocks Telegraph

      On the last check Thursday, Virgin Galactic Holdings Inc. (SPCE) gained 27.32% to $54.99 in after-hours trading. The Virgin Galactic stock price ended the last trading session at $43.19, a loss of -6.11%. The price range of SPCE stock was from $43.19 to $46.43.

      SPCE stock traded 26.96 million shares, which was more than its daily average of 22.92 million shares over the past 100 days of trading. The SPCE shares have gained 7.28% in the last five days, while they have gained 38.74% in the past month. An announcement of a fully crewed flight to take off later this month sparked SPCE’s stock price to rise.

      SPCE’s plans for spaceflight:

      Advanced air and space vehicles of Virgin Galactic enable private spaceflight for tourists and researchers, a pioneering feat for the aviation and space travel industry. A spaceflight system is being developed by SPCE to offer customers an environment of wonder and awe on par with space travel.

      Today, Virgin Galactic announced the date for its next rocket-powered test flight of SpaceShipTwo Unity will be July 11, subject to weather and technical requirements. During its “Unity 22” mission, VSS Unity will complete its 22nd flight test, and SPCE will conduct its fourth crewed mission in space.

      Founder Sir Richard Branson will test the private astronaut experience aboard the first private astronaut aircraft, along with four mission specialists including two pilots. Several customer-experience objectives will be addressed during Unity 22 to build on the success of SPCE’s most recent flight in May, including:

      • SPCE will conduct a full crew assessment of the commercial customer cabin with an emphasis on cabin environment, seat comfort, weightlessness experience, and views of Earth that the spaceship delivers, all to ensure astronauts can enjoy the wonder and awe of space travel at every step of their journey.
      • Unity 22 will demonstrate how human-tended experiments can be performed.
      • The Virgin Galactic hopes to confirm that the training program at Spaceport America is compatible with the space flight experience.

      How is this time different from the last?

      Virgin Galactic (SPCE) will live-stream the spaceflight for the first time for everyone to watch. Visitors from around the globe will be able to attend virtual test flights of Unity 22 to experience the extraordinary experience SPCE is building for future astronauts. Virgin Galactic will simulcast the livestream on its Twitter, YouTube, and Facebook pages as well as on Virgin Galactic.com.

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