Virgin Galactic Holdings Inc. (NYSE: SPCE) soared about 20% in premarket trading on Monday as the company announced that it completed its first-ever spaceflight from its new home port located in New Mexico.
If you see the jump as a start of a longer-term bull run and want to buy Virgin Galactic stock, this guide is for you.
How & where to buy Virgin Galactic shares right now?
If you want to invest in Virgin Galactic after the big news over the weekend, you will need to register and verify your account with a reliable stockbroker. Once you log in to your account, buying Virgin Galactic stock doesn’t take more than a few seconds. All you have to do is search for the ticker SPCE and click on the button that reads ‘Buy’.
Once done, you are now a Virgin Galactic stockholder. What could take your time, though, is navigating through the sea of online stock brokers, each claiming to be better than the rest. To minimise the confusion and remove the clutter for you, our experts tested many online stock brokers and came up with one that screams reliability.
eToro
Even if you are new to investing online in the stock market, it is unlikely that you haven’t heard the name eToro. The Israeli multi-asset brokerage company was the first one to offer traders at its platform zero-trade commissions. With headquarters in London, Tel-Aviv-Yafo, and Limassol, eToro’s copy trading services have particularly been a saviour for investors with little to no experience of the financial markets.
Buying shares of Virgin galactic on eToro is convenient, efficient, and completely safe. You can get started by clicking the link below:
CEO Michael Colglazier’s remarks
Virgin Galactic’s spaceflight flew at Mach 3 and achieved an altitude of 55.45 miles on Saturday before landing smoothly on Spaceport America. Commenting on what has been tagged as the first human spaceflight from New Mexico, CEO Michael Colglazier said:
“Today’s flight showcased the inherent elegance and safety of our spaceflight system, while marking a major step forward for both Virgin Galactic and human spaceflight in New Mexico.”
Will Virgin Galactic stock rise in value?
Like all stock investments, there is no guarantee that Virgin Galactic shares will rise in value. However, achieving a remarkable milestone over the weekend, a solid case can be made that the outlook seems bright for the company.
Virgin Galactic shares are now about 10% up year-to-date in the stock market but are still down more than 54% compared to its high of close to $60 per share in early February. At the time of writing, Sir Richard Branson’s private spaceship company valued at $5.07 billion.
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Wajeeh Khan
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