Virgin Galactic (SPCE) Says VSS Unity Preparing for New Flight Test Program

Virgin Galactic Holdings, Inc. (NYSE:SPCE) is one of the 10 Most Volatile Penny Stocks to Buy Now.

On May 27, 2026, Virgin Galactic Holdings, Inc. (NYSE:SPCE) said VSS Unity, its prototype Spaceship, returned to the skies above Spaceport America in New Mexico for the first of several expected glide flights. The company said the flights are intended to prepare pilots and operations teams ahead of new Spaceship operations and the first flight test of its next-generation Spaceship.

On May 17, 2026, Jefferies said Virgin Galactic Holdings, Inc. (NYSE:SPCE) showed progress in Q1 as its first Delta spaceship moves toward commercial service in Q4, with ground testing scheduled for Q2 and flight tests beginning in Q3. Jefferies also noted that Virgin reopened ticket sales for a limited number of spaceflight expeditions priced at $750,000 per ticket, with an expected Q3 close. The firm said the company’s cash position “provides a window of safety” and maintained a Buy rating with a $5 price target.

Virgin Galactic (SPCE) Says VSS Unity Preparing for New Flight Test Program

Andrey Armyagov/Shutterstock.com

On May 14, 2026, Virgin Galactic Holdings, Inc. (NYSE:SPCE) reported Q1 EPS of (81c), compared to estimates of (94c). Revenue totaled $227K, below the consensus estimate of $240K. CEO Michael Colglazier said the company delivered the first of its new SpaceShips from its Assembly hangar to its Test-and-Launch hangar, with ground testing underway. Colglazier added that Virgin Galactic remains on track to begin flight testing in Q3 and spaceflight in Q4.

Virgin Galactic Holdings, Inc. (NYSE:SPCE) focuses on the development, manufacture, and operation of spaceships and related technologies.

While we acknowledge the risk and potential of SPCE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SPCE and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1