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United Airlines Will Offer Free Wi-Fi On Flights In 2025 Using SpaceX's Starlink
Forbes· 2024-09-13 13:09
Topline United Airlines will be equipping its planes with free in-flight Wi-Fi using SpaceX's Starlink internet service next year, the airline announced Thursday, becoming the latest airline to offer complimentary internet service. WASHINGTON - AUGUST 16: A United Airlines aircraft passes by a Continental Airlines aircraft as it ... [+] taxis to takeoff from the runway of Ronald Reagan National Airport August 16, 2006 in Washington, DC. (Photo by Alex Wong/Getty Images) Getty Images Key Facts United will st ...
Does Virgin Galactic (SPCE) Have the Potential to Rally 467.09% as Wall Street Analysts Expect?
ZACKS· 2024-09-05 14:57
Virgin Galactic (SPCE) closed the last trading session at $6.29, gaining 19.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $35.67 indicates a 467.1% upside potential. The average comprises nine short-term price targets ranging from a low of $6 to a high of $95, with a standard deviation of $30.04. While the lowest estimate indicates a decline of 4.6% from the current price leve ...
Virgin Galactic Charges $900,000 Per Ticket -- but Is That Enough?
The Motley Fool· 2024-08-25 11:00
Virgin Galactic just sold tickets on its orbital flights at the highest prices ever. Shares of Virgin Galactic (SPCE 6.75%) have fallen about 90% during the past year, tumbling from a high of $65 a share to less than $7. The space stock enjoyed a bit of a bounce after the company on Aug. 7 delivered better-than-expected revenue results for the second quarter. But since then, the stock has retreated. Why is that? From $250,000 to infinity, and beyond It wasn't exactly "infinity." But the biggest single surpr ...
Wall Street Analysts Predict a 420.73% Upside in Virgin Galactic (SPCE): Here's What You Should Know
ZACKS· 2024-08-16 14:55
Shares of Virgin Galactic (SPCE) have gained 4.4% over the past four weeks to close the last trading session at $6.85, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $35.67 indicates a potential upside of 420.7%. The mean estimate comprises nine short-term price targets with a standard deviation of $30.04. While the lowest estimate of $6 indicates a 12.4% decline from the curre ...
Virgin Galactic(SPCE) - 2024 Q2 - Earnings Call Transcript
2024-08-07 23:43
Virgin Galactic Holdings, Inc. (NYSE:SPCE) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations Michael Colglazier - President and Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Gregory Konrad - Jefferies Oliver Chen - TD Cowen Myles Walton - Wolfe Research Michael Leshock - KeyBanc Capital Markets Operator Good afternoon. My name is Sarah and I'll be your conference operator today. At this ...
Virgin Galactic (SPCE) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 23:30
Virgin Galactic (SPCE) came out with a quarterly loss of $4.36 per share versus the Zacks Consensus Estimate of a loss of $5.40. This compares to loss of $9.20 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 19.26%. A quarter ago, it was expected that this company would post a loss of $5.20 per share when it actually produced a loss of $5, delivering a surprise of 3.85%. Over the last four quarters, the company has surpassed c ...
Virgin Galactic(SPCE) - 2024 Q2 - Quarterly Report
2024-08-07 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38202 Virgin Galactic Holdings, Inc. (Exact name of registrant as specified in its charter) | --- | --- | |------------------------- ...
Virgin Galactic(SPCE) - 2024 Q2 - Quarterly Results
2024-08-07 20:14
Exhibit 99.1 Virgin Galactic Announces Second Quarter 2024 Financial Results And Provides Business Update • 'Galactic 07' Mission Successfully Completed VSS Unity's Operational Phase, Delivering Record per Seat Revenue of $900K • Accelerating Pace of Tool Development and Parts Fabrication as Focus Shifts to Build and Test Phases of Delta Class Spaceships • Delta Class Spaceships on Track for Commercial Service in 2026 ORANGE COUNTY, CALIFORNIA – August 7, 2024 – Virgin Galactic Holdings, Inc. (NYSE: SPCE) ( ...
What's in Store for Virgin Galactic (SPCE) in Q2 Earnings?
ZACKS· 2024-08-06 14:25
Virgin Galactic Holdings, Inc. (SPCE) is slated to report second-quarter 2024 results on Aug 7, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 3.85%. Virgin Galactic has a trailing four-quarter negative earnings surprise of 15.91%, on average. Factors to Note Solid revenues generated from commercial spaceflight must have boosted Virgin Galactic's top-line performance in the second quarter. To this end, it is imperative to mention that in June 2024, the co ...
Startups are building balloons to hoist tourists 100,000 feet into the stratosphere
CNBC· 2024-07-13 12:00
Commercial space flight is becoming more and more common, with companies including SpaceX, Blue Origin and Virgin Galactic all transporting paid customers into space over the last several years. People interested in seeing the earth from an unusual vantage point may soon have another option. CNBC spoke to three startups — France-based Zephalto, Florida-based Space Perspective and Arizona-based World View — that aim to hoist tourists to the stratosphere using pressurized capsules and massive gas-filled ballo ...