#virgin galactic Tech News.
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The latest virgin galactic news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks virgin galactic across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Virgin Galactic cratered 24%, Rocket Lab fell 8%, and AST SpaceMobile dropped 10% as SpaceX made its trading debut. Rocket Lab posted record Q1 revenue of $200 million with a $2.2 billion backlog, dwarfing Virgin Galactic's $227,000 quarterly haul. The selloff reversed year-to-date gains of 79% and 65% for Virgin Galactic and Rocket Lab.
Virgin Galactic stock rose nearly 20% on Thursday ahead of SpaceX's expected IPO on Friday. The jump appears to be a halo trade, with Rocket Lab also up 4%. Short sellers were forced to cover positions as positive catalysts pushed shares higher, including progress toward restarting commercial flights in late 2026.
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