Why Virgin Galactic Stock Tanked 12% Today [The Motley Fool]
Virgin Galactic Holdings, Inc. (SPCE)
Company Research
Source: The Motley Fool
What happenedYesterday's bigoil price plungeVirgin Galactic(NYSE:SPCEWhy is Virgin Galactic down so much, though? Believe it or not, it has absolutely nothing to do with theprice of oilInstead, I suspect VirginGalactic'sAtlanticWith Virgin Atlantic at death's door, investors might wonder -- how healthy is Virgin Galactic? Image source: Virgin Atlantic.So whatYesterday, you see, in a public appeal by blog, Branson asked the government of the United Kingdom once more to extend to Virgin Atlantic a massive $60 million commercial loan to help bail the company out of the mess created by COVID-9-inspired travel bans and customer aversion to flying in the age of coronavirus.Virgin Atlantic, it seems, is going through "the most challenging time we have ever faced" (says Branson) and is on the verge of "going bust" (reports Britain'sGuardianmortgage his private islandNow whatNow what might that mean for Virgin Galactic, one wonders? Well, if Branson is focusing all his efforts on saving one of
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SPCE
News
- Joan Branson, wife of British billionaire Richard Branson, dies at 80 [CNN]CNN
- Joan Branson, wife of British billionaire Richard Branson, dies at 80 [CNN]CNN
- Joan Branson, wife of British billionaire Richard Branson, dies at 80 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Billionaire Richard Branson mourns his wife and partner of 50 years, Joan: ‘She was my best friend, my rock, my guiding light, my world' [Fortune]Fortune
- Richard Branson confirms death of wife Joan: 'My best friend, my rock' [FOX Business Network]FOX Business Network
SPCE
Earnings
- 11/13/25 - Beat
SPCE
Sec Filings
- 10/22/25 - Form 4
- 10/8/25 - Form 4
- 10/8/25 - Form 4
- SPCE's page on the SEC website