I've been following Virgin Galactic pretty closely lately, and honestly, there are a few things that look encouraging.
First, demand seems to be there. Their latest round of bookings was oversubscribed, with tickets going for $750k and over $50M in expected future revenue.
Then there's Delta. They've been making progress with ground testing and integration, and October is still the target for the first captive-carry flight.
If they actually pull that off this month, it could be a pretty big milestone.
And looking a little further ahead, they're targeting February 2027 for the first commercial Delta flight, with a second spaceship expected in March.
Of course, nothing is guaranteed. There's still execution risk, cash burn and potential dilution to think about.
But I'm curious what everyone thinks. Are we finally getting close to seeing Delta fly, or do you expect another delay?
Has anyone spotted anything interesting lately on flight trackers, FAA records or around Mesa?
I'm holding SPCE, so obviously following this closely.
Based on Virgin Galactic's official updates, not insider information.