Virgin Galactic SPCE Stock Surges on Lawsuit Settlement and Purdue Mission News
Virgin Galactic closed at $4.89 on Oct. 16, up from $3.42 on Oct. 1, but remains down about 33% year-to-date. Q2 2025 revenue was $0.4 million with a net loss of $67.3 million; cash burn is $100–125 million per quarter, with $508 million in cash at June’s end. Short interest stands near 28% of float. The next earnings report is set for Nov. 5.