Space Travel

Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos’ Blue Origin on Monday secured a license from the Federal Aviation Administration (FAA) to carry humans on the New Shepard launch system into space, the aviation agency said. What Happened: The FAA license is valid through August and comes...

As if 2020 wasn't historical enough, 2021 and more precisely, last week, will be remembered for the U.S. aviation safety regulator approving space flights. Last week was a monumental one for space travel as the Federal Aviation Administration (FAA) cleared Virgin Galactic (NYSE: SPCE) for...

Cryptocurrency exchange Bitmex’s announcement of its plan to send apex cryptocurrency Bitcoin (BTC) to the moon ahead of Dogecoin (DOGE) has elicited a swift response from Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk. What Happened: Musk, who has said he plans to send Dogecoin to the moon,...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 42.7%. But there is no question some big-name stocks performed better than others along the way. Virgin Galactic’s...

Cathie Wood-led Ark Investment Management on Thursday shed nearly all of its remaining stake in Virgin Galactic Holdings Inc (NYSE: SPCE) on the day shares jumped after the space tourism company announced its next spaceflight test is set for the weekend. What Happened: The investment firm...

Virgin Galactic Holdings Inc (NYSE: SPCE) unveiled VSS Imagine, the first spaceship of its SpaceShipThree fleet. What Happened: On Tuesday, Virgin Galactic released the first glimpse of its newest spaceship on a video posted on Twitter. Initially appearing gold before turning deep metallic blue,...

Virgin Galactic Holdings Inc (NYSE: SPCE) is down over 50% from its Feb. 4 high of $62.86, but options traders are betting the bottom may be in. The Virgin Galactic Trades: At 12:31 p.m. Monday, a trader executed a call sweep of 550 Virgin Galactic options with a $38 strike price expiring on May 21...

Elon Musk has responded to criticism from a former U.S. presidential contender by appealing to what one might call universal values. What Happened: U.S. Senator Bernie Sanders on Thursday tweeted: "We are in a moment in American history where two guys — Elon Musk and Jeff...

Virgin Galactic Holdings Inc (NYSE: SPCE) seems well-positioned to gain market share in the emerging commercial space tourism industry, according to Truist Securities. The Virgin Galactic Analyst: Michael Ciarmoli initiated coverage of Virgin Galactic with a Buy rating and $50 price target....

A SPAC deal annoucned Monday is bringing another pure play space stock to market for investors to consider.  The SPAC Deal: Rocket Lab is going public in a SPAC deal with Vector Acquisition Corporation (NASDAQ: VACQ) valuing the company at a pro forma enterprise value of $4.1 billion. The SPAC...

Joe Rohde, who has more than 40 years of experience transforming Walt Disney’s rides and parks, has signed with Virgin Galactic as a strategic advisor to compose the experiences of future space tourists. What Happened: On Monday, Virgin Galactic Holdings Inc. (NYSE: SPCE) announced that...

Shares of Virgin Galactic Holdings Inc (NYSE: SPCE) gave up most of its Thursday gains after a company spokesperson told Benzinga there was no truth to a circulating rumor. Shares of Virgin Galactic were trading higher by more than 10% Thursday morning as traders were circulating a report that...

Virgin Galactic Holdings Inc. (NYSE: SPCE) pushed back a test flight Friday after announcing on Twitter that it "decided to allow more time for technical checks.” What Happened: On Feb. 1, Virgin Galactic announced that it would open a new flight window for the testing of...

Virgin Galactic Holdings Inc. (NYSE: SPCE) announced the creation of a Virgin Galactic Space Advisory Board on Tuesday. The board will advise Virgin Galactic's senior management as the company moves toward flying civilians to space later this year. What Happened: The advisory...

Shares in Virgin Galactic Holdings Inc. (NYSE: SPCE) reached all-time highs Tuesday as the stock trended on Twitter and Reddit. What Happened: Virgin Galactic’s share price gained 16.84%, closing at $42.05, as traders and investors speculated that the space tourism company would be...