Why Virgin Galactic Stock Crashed Today
2025-12-09 16:21:21 ET
Virgin Galactic (NYSE: SPCE) , the space IPO that promised to commercialize space tourism -- then abruptly halted operations in 2024 to develop a new spaceplane -- tumbled to Earth Tuesday, closing the day down 16.5%. And why?
Virgin just announced a "capital realignment" to reduce its debt to manageable levels.
Image source: Getty Images.
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