SPCE - What's Going On With Virgin Galactic Stock Wednesday? | Benzinga
Virgin Galactic Holdings Inc (NYSE:SPCE) shares are trading higher. The company on Wednesday announced the completion of its new spaceship manufacturing facility in Arizona.
What Happened: Virgin Galactic said it completed its new Arizona facility and plans to perform final assembly of its next-generation Delta spaceships starting in the first quarter of 2025.
Virgin Galactic noted that a technical operations and manufacturing personnel team has begun preparing the facility for tooling that is expected to be delivered in the fourth quarter of this year. The facility will then begin to receive major subassemblies next year.
“The completion of our new manufacturing facility is an important milestone in the development of our fleet ...