Virgin Galactic delayed the start of start commercial flights until Q4 2022.
I expect it will touch the 16.20usd strong support from which it should consolidate before another leg up.
Virgin Galactic reopened ticket sales with prices starting at $450,000 per seat. They sold 600 tickets so far.
Jefferies sees Virgin Galactic's total addressable market at $120 billion and Virgin Galactic's revenue hitting $1.7 billion by 2023. If the brokerage firm is right, then the 4.775Bil mk cap is undervalued right now.
I`m looking forward to read your opinion about it.
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