VG
Virgin Galactic
🇺🇸United StatesSpace Tourism
SPCENYSESpace Revenue: Minimal — no commercial flights since VSS Unity retired; Delta revenue starts Q4 2026 at earliest
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Space Relevance
Suborbital space tourism — Delta-class spaceplane in development
Competitive Position
On track for Delta-class first flight fall 2026, commercial flights Q4 2026. Key improvement: 12× monthly capacity vs. VSS Unity. Ticket prices rising above $600K. High execution risk — multiple delays in history. Revenue essentially zero until Delta flies.
Key Space Programs
Delta-class spaceplane — next-gen vehicle, 8 flights/month capacity, 3-day turnaroundEve mothership — upgraded carrier aircraft resumed test flights at Spaceport America
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Recent Space News
Delta-class schedule revised — test flights pushed to Q3 2026 (carbon composite delays)
Aug 2025
Eve mothership completed upgrades and resumed test flights
2025
Q3 2026 test flights → Q4 2026 commercial research flights targeted
2026