Australia markets open in 2 hours 54 minutes
  • ALL ORDS

    7,209.00
    -72.10 (-0.99%)
     
  • AUD/USD

    0.7729
    -0.0001 (-0.01%)
     
  • ASX 200

    6,982.70
    -62.20 (-0.88%)
     
  • OIL

    63.79
    -2.29 (-3.47%)
     
  • GOLD

    1,826.80
    +4.00 (+0.22%)
     
  • BTC-AUD

    63,567.80
    -7,261.71 (-10.25%)
     
  • CMC Crypto 200

    1,325.83
    -62.08 (-4.47%)
     

The Most Important Number Virgin Galactic Investors Need to Know

Rich Smith, The Motley Fool
·5-min read
The Most Important Number Virgin Galactic Investors Need to Know
  • Oops!
    Something went wrong.
    Please try again later.

Just a few names should give you an idea of the event's popularity: Planet Labs and Rocket Lab, Jeff Bezos's Blue Origin and Luxembourg's SES, Virgin Orbit, and also its publicly traded sister company, Virgin Galactic (NYSE: SPCE). Participants covered a range of topics at the space conference, in particular discussing the role of special-purpose acquisition companies in bringing space stocks public via reverse-merger IPOs. If you ask me, though, the big reveal from this month's summit was Virgin Galactic's laying out its plans to become the biggest pure-play space company in the world that has IPO'ed.