This Is Why Virgin Galactic Won't Go to Space as Often in 2024

Virgin Galactic (SPCE -2.53%) achieved something truly out of this world in 2023 -- it began operating a space tourism business. For the science fiction aficionados out there, this is the stuff of dreams (unless you are rich enough to actually buy a ticket on one of the company's flights). But there's still one very big problem here, and it shows up clearly when you start to look at the company's financial statements.Virgin Galactic rockets produce more losses than thrustIn the third quarter of 2023, Virgin ...