Virgin Galactic SPCE stock jumps after successful spaceflight test


VSS Unity reaches the edge of space during its third spaceflight on May 22, 2021.

Virgin Galactic

Virgin Galactic shares jumped in premarket trading on Monday, following the company’s successful spaceflight test on Saturday.

The launch represented a critical step forward for the space tourism company, as the test had been delayed more than six months after a December attempt was cut short.

Virgin Galactic CEO Michael Colglazier told CNBC that the spaceflight “was flawless,” and said he looked forward to the Federal Aviation Administration reviewing the flight data – as the company needs to clear two remaining regulatory milestones before receiving a key license.

Shares of Virgin Galactic…


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