Virgin Galactic shares jump 10.14% premarket after reopening $750,000 spaceflight ticket sales and advancing SpaceShip production.
ByAinvest
Tuesday, Mar 31, 2026 4:19 am ET1min read
SPCE--
Virgin Galactic surged 10.14% in premarket trading following the announcement of reopening limited ticket sales for spaceflight expeditions priced at $750,000 per seat. The company also provided an update on its new SpaceShip production, with ground testing set to begin in April and commercial operations expected in Q4 2026. The second SpaceShip is anticipated to enter service between late Q4 2026 and early Q1 2027, supporting increased flight cadence. Additionally, Virgin Galactic reported reduced fourth-quarter losses and operating expenses, while announcing debt restructuring to align with future cash flow from commercial operations. These developments indicate progress toward scaling commercial spaceflight and improving financial discipline, driving investor optimism ahead of its fourth-quarter earnings release.
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