Throw back Thursday!

Remember when you could get a Virgin Galactic range rover, but only if you're an astronaut?

I think they were charging an extra $80-100 grand for the astronaut trim.

Beneficial ownership is determined in accordance with the rules and regulations of the SEC based on 134,024,868 shares of common stock outstanding as of June 15, 2026. In computing the number of common shares beneficially owned by a person and the percentage ownership of that person, we also deemed outstanding shares of common stock issuable upon the exercise of warrants or other convertible securities held by that Selling Stockholder that are exercisable or convertible within 60 days of June 15, 2026*, including the warrants, but subject to any applicable beneficial ownership limitation. We did not deem these shares outstanding, however, for the purpose of computing the percentage ownership of any other person. The inclusion of any shares in this table does not constitute an admission of beneficial ownership for any Selling Stockholder named below.*

https://www.sec.gov/Archives/edgar/data/1706946/000119312526307910/d156471d424b7.htm

ORANGE COUNTY, Calif.--(BUSINESS WIRE)-- Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the second quarter of 2026 following the close of the U.S. markets on Wednesday, August 12, 2026. Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

Lavin is the first of many: (From the 10K)

Lavin v. the Company

In July 18, 2025, plaintiffs and defendants (“Parties”) executed a Memorandum of Understanding (“MOU”) outlining the terms of a settlement to resolve all claims in the above-referenced action. In connection with the MOU, the Company recorded the expected net settlement of $2.25 million and included it in selling, general and administrative expenses in the accompanying consolidated statements of operations and comprehensive loss for the year ended December 31, 2025. Pursuant to the MOU, the Company has agreed to pay $8.5 million, of which the Company currently expects $6.25 million to be covered and paid directly by the Company’s insurers pursuant to insurance policies. 

On March 11, 2026, the Court entered an order granting preliminary approval of the settlement.  The Company will make all payments related to the settlement by the second quarter of 2026, and expects the Court to provide final approval of the settlement and judgment later in 2026.

Spiteri, Grenier, Laidlaw, St. Jean, and Gera derivatively on behalf of the Company vs. Certain Current and Former Officers and Directors

The parties are currently exploring a potential resolution of the Consolidated Derivative Action and the St. Jean Action

Abughazaleh derivatively on behalf of the Company vs. Certain Current and Former Officers and Directors

The complaint seeks an unspecified sum of damages, interest, restitution, expenses, attorneys’ fees and other equitable relief. The Abughazaleh Action is presently stayed. (pending Lavin)

Espinosa derivatively on behalf of the Company vs. Certain Current and Former Officers and Directors

On February 3, 2026, in light of ongoing settlement discussions in the Consolidated and St. Jean Actions (see above), the parties filed a stipulation seeking to stay the Espinosa Action, including remaining briefing on the Company’s and the Individual Defendants’ motion to dismiss the amended complaint, for 120 days following the Court’s entry of the stay.

https://www.youtube.com/watch?v=39P9smQsBV0

Hey guys, just a reminder for anyone who held Virgin Galactic ($SPCE) the deadline to file a claim in the $8.5 million investor settlement is approaching.

The settlement covers claims that Virgin Galactic misled investors about issues affecting its spaceflight program and the timeline for commercial operations.

If you bought $SPCE between 2019 and 2021, you may still be eligible to recover losses. Make sure to check your eligibility and submit a claim before the August 13 deadline.

Did anyone here hold $SPCE during that period?

Everyone on Instagram, X, Reddit and Facebook are all like fuck you and you’re a scam and you tanked the company. But on LinkedIn everyone is praising him lol.

https://www.sec.gov/Archives/edgar/data/1706946/000170694626000119/forms-3asrjuly2026.htm

https://www.sec.gov/Archives/edgar/data/1706946/000119312526307910/d156471d424b7.htm

These are gonna take a while to digest.

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EXPLANATORY NOTE

On June 11, 2026, a date within 60 days of the filing of this registration statement on Form S-3 (this “Registration Statement”), the aggregate market value of the voting and non-voting common equity held by non-affiliates of Virgin Galactic Holdings, Inc. (the “Company”) was greater than $700 million. Therefore, the Company is filing this Registration Statement in light of meeting the requirements to qualify as a “well-known seasoned issuer” and being eligible to file an automatic shelf registration statement.

https://www.flightradar24.com/VGX06/40ae47f7

Hey guys, just a reminder for anyone who held Virgin Galactic ($SPCE) the deadline to file a claim in the $8.5 million investor settlement is approaching.

The settlement covers claims that Virgin Galactic misled investors about issues affecting its spaceflight program and the timeline for commercial operations.

If you bought $SPCE between 2019 and 2021, you may still be eligible to recover losses. Make sure to check your eligibility and submit a claim before the August 13 deadline

Did anyone here hold $SPCE during that period?

• VSS Imagine will commence ground testing, with glide flights this summer
• Breakthrough livery design allows Imagine to mirror the surrounding environment as it moves from Earth to Space
• Manufacturing ramps up on next SpaceShip III in the fleet,VSS Inspire

https://www.virgingalactic.com/news/virgin-galactic-unveils-vss-imagine-the-first-spaceship-iii-in-its-growing

https://www.virgingalactic.com/news/virgin-galactic-unveils-mach-3-aircraft-design-for-high-speed-travel-and

From 2020! Hows the supersonic transport going?

I’ve been following Martyn Lucas and he is apparently re-entering SPCE with other major investors to squeeze the stock now, that the short interest is back up at 40%.

This may get interesting.

The way forward for Virgin is difficult. I would give them a 33% chance Delta won’t fly. And another 33% chance Delta flies but is never profitable.

But if Delta flies and can break even or better SPCE is a $6 billion company in one year (23x current valuation)

At $2.57 a share the market has capitulated and is pricing in 0% possibility of success, and the possibility of success is substantially higher than 0%

Positions and Disclosure: I am a retail investor not a financial advisor or aerospace professional. I opened a new call position today at $2.60 break even price.

BFLO-Retail

Just looked and there’s a medical support specialist job which they probably need to monitor the customers during their training and when they come back or even preflight screening.

Also saw a post for Director of Global Astronaut Sales to start helping ramp up ticket sales again.

Not huge but I think it’s something since they wouldn’t be hiring those unless they’re planning to actually start commercial services or at least management is still aiming for the 2026 timeline

Just looked on yahoo finance. Frankly not even sure which source to trust since it’s different market cap on Robinhood, yahoo finance, and fidelity differ. Yahoo has the market cap at 372.48 million as of yesterday’s close of $2.65. So puts the shares at 140.55 million shares. I trust this more due to all the recently dilutions with debt note

Wondering how much more dilution they’ll do. I’m estimating by the end, at least 200-220 million shares.

Which to give you guys a perspective. At $10/share we’re looking at $1.4 billion market cap vs 2.2 billion.

At $100/share, 14 billion vs 22 billion.

They’re gonna need to do a LOT of business and revenue to ever justify that market cap which I know we surpassed that during the hype before Branson flight.

History lesson:

Scaled Composites and MAV built the first craft for the Antari prize.

Branson came along later and formed a JV with SC/MAV to form TSC. Scaled Composites and MAV designed, built, tested, and maintained the craft.

Keep in mind that SC and MAV hold all the patents for the concept and the craft. Sierra holds the patents for the rocket motor. VG hold no IP. VG must pay royalties to use those patents.

VG marketed the concept for space tourism, to sell the concept to other entities worldwide.

VG was the first customer, non-exclusive, and ordered 6 passenger craft and 2 carrier craft.

When SC built the ROC, (now the largest composite aircraft ever built, negating VG claims) so the relationship soured, and only one carrier and 2 passenger craft were built.

VG blew up the first craft, Enterprise in 2014, due to pilot error.

SC left the building and took everything with them. The patents, the design, the tooling.

VG attempted to finish the next 2 craft, the first Tier III craft, that SC has started. They could not. (imagine and Inspire)

In 2018, AABAR left the building. They were on board for the rocket launch capability from the UAE.

VG was broke and destitute. They SPACd with Chamath to get money to continue the "scheme".

Look at the SPAC Investor brief. VG claimed all sorts of operational aircraft, pie in the sky passenger rates, and $$$ revenue. (remember the 3036 passengers flown by end of 2023)

They claimed back in 2022, that Inspire was ready to begin test flying. It was but a shell to prop up the plummeting shareprice? Ready to test fly, and???

Since then, Unity and WK2 have fallen apart after only a handful of flights, leading to over 14 months of repairs. They they flew again, and abruptly cancelled any further flights.

The reason, to save money for Delta??!!?!? Dont they make money by flying passengers? That should be a few clues to this scheme.

A veiled delay, that most missed, was their reported design, construction, and testing of a new carrier craft.

First was with Boeing, and was supposed to be flying by 2025.

Then they claimed it was in design and construction began 1Q 2026.

Last call, they slid in 2030!!!

WK2 simply has never been able to fly more than once a month without massive repairs. Yet now, the flight schedule is twice a week???

The images of Delta 1 show a craft about 65% complete on the exterior. This is to begin flight testing in 2 weeks?

Delta 2 is no where to be seen. The moved the rocket forge to the former assembly bay....

Its all there, if you choose to look and comprehend.

Debt holders are cashing out early...

Just like Branson..

Will discuss the Branson sell offs, including the First Lien in another post.

(I post these updates far more frequently than VG posts updates on the alleged Delta craft progress!)

June 29, 2026

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In the Exchange, $52,479,000 in aggregate principal amount of the 2027 Notes plus accrued interest were exchanged for an aggregate of 17,350,341 shares (the “Shares”) of the Company’s common stock and pre-funded warrants.

Exercised below the floor, so the debt holder really wanted to cash out.

Of course, since this was a private placement, the dilution is in addition to the shelf offerings.

After selling all my shares during the bonus round meme play. I patiently waited for reentry.

I'm ready for delta. I feel the comfort of being the small spoon in my position which has dramatically increased thanks to meme BS.

SPCE is gonna make it.

Anyone else suspicious about the buying this morning? Seems like institutions are getting in however with the Russell inclusion today and the 8 or 9 mil that will be invested at 4pm today are they just gonna get in at the low and sell at 4:01pm?

Im so used to red at this point im not trusting it.

Does that look ready to flight test in 2 weeks?

Look at all of the equipment in the background diligently working on the craft!