Virgin Galactic Stock Faces A 2026 Spaceflight Test As Cash Burn Narrows But Funding Risk Stays
Virgin Galactic Holdings on Thursday reiterated its schedule, sticking with third-quarter flight tests for its new SpaceShip and eyes set on resuming spaceflights in the fourth. That keeps its 2026 goal in play—a key milestone for investors. Alongside the timeline update, the company reported a slimmer first-quarter loss. But the story wasn’t all positive: more shares hit the market and management flagged renewed liquidity concerns.