Virgin Galactic Wins Space Race  

Virgin Galactic Wins Space Race  

What happened?

Virgin Galactic (SPCE) will launch Richard Branson to space on July 11, aiming to beat Jeff Bezos. For those who don’t know, Richard Branson is the Virgin Galactic’s founder and the famous business magnate. He is the main competitor of Jeff Bezos (the ex-CEO of Amazon), the founder of another space company – Blue Origin. Both men are trying to be the one who will fly to space first. If Virgin Galactic wins this race, its stock price will skyrocket!

By the way, Jeff Bezos plans to make a flight already on July 20. It's neck and neck!

Why should you buy SPCE?

Virgin Galactic (SPCE) is probably one of those companies that have a huge potential to grow. Some analysts believe it may increase its current value 10 times. Why? The company is engaged in one of the most promising industries of the future: space tourism. Investing in space stocks today is the same thing as investing in internet stocks back in the 1990s. Think about it.

On June 25, Virgin Galactic claimed that the Federal Aviation Administration gave the company a license to fly passengers on future spaceflights, and Virgin will start sending paying passengers to the space starting from 2022.

Virgin Galactic has dropped below $44.00 after hitting the high of $57.50. However, don’t be misguided, the news came out when the stock market was closed. It will open at 16:30 GMT+3. Thus, the price is likely to open with a gap up. The breakout above $50.00 will push the stock to the next round number of $55.00 and then to $60.00. However, today the volatility will be quite high and the prices may go back and forth. 

IMG_20210702_152638.951 (1).jpg

Don't know how to trade stocks? Here are some simple steps.

  1. First of all, be sure you’ve downloaded FBS Trader app or Metatrader 5. FBS allows you to trade stocks only through this software.
  2. Open an account in FBS Trader or the MT5 account in your personal area.
  3. Start trading!

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera