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@Zalotie 1 month ago

SPCE Q2 2025 earnings and Delta Class update

SPCE Q2 2025 earnings and Delta Class update

Virgin Galactic is focusing on getting their Delta Class spaceships ready for commercial flights in 2026. They believe two ships could eventually generate $450M in annual revenue. For Q2 2025, revenue came in at $406k, down from $4.2M a year ago due to the pause in commercial flights. The company posted a net loss of $67.3M and used $55.4M in operating cash. They have about $508M in cash remaining but have been issuing new shares to fund operations until the new fleet is ready.
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@TallDrive706 1 month ago

Classic “trust the roadmap” story. Big promises for 2026, tiny revenue today, and the cash burn is doing laps while shareholders get diluted. Delta Class better take off on schedule, because patience isn’t infinite.