$SPCE - Punch it Chewie -VIRGIN GALACTIC IN SPACE 2026

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Another SPCE update, just really like what the charts are showing. This stock has been in a long downtrend for quite some time and we're finally beginning to see some candles breaking resistance.

The MACD is flattening out and a bullish crossover may be forming. Again we should always wait for confirmation, but this is just what it looks like at the moment. RSI has been on an uptick and we see some green on the volume which looks like we have buyers that have begun accumulating.

Again this is all very speculative and a big what if situation, but we really like the margin of safety on this one and believe there is so much room to run for this stock if things go right. The company continues to try and reduce its cash burning, it's developing its Delta Class spaceships, and they plan to re-open ticket sales in the first quarter of 2026. As of May, they currently have 675 tickets sold, and ticket sales have been on pause until they complete their new ships. As long as the cash burn doesn't worsen, they currently have enough cash to last until 3rd or 4th quarter of 2026.

As of March 2025: $567 million in cash and they burn about $100–$115 million per quarter in free cash flow (which is what their guidance suggests). As long as no unexpected delays or hiccups occur, they're looking good.


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