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173 days

Virgin Galactic’s new spacecraft looms large as company eyes future profitability - MarketWatch

1. Virgin Galactic is progressing on its Delta-class spacecraft for profitability. 2. Delta-class spacecraft expected to debut in 2026, boosting growth. 3. Fourth-quarter revenue fell drastically due to a pause in commercial flights. 4. KeyBanc forecasts revenue potential of $450 million, emphasizing large margins. 5. SPCE stock rose 1.8% recently but remains down 88.8% annually.

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FAQ

Why Bullish?

Despite negative short-term performance, long-term projections are strong. Historical precedents show turnaround potential post-development phases, similar to other aerospace ventures.

How important is it?

The article outlines key technological advances and expected profitability, making it crucial for investor sentiment.

Why Long Term?

The significant profitability predictions relate to the successful launch of Delta-class. Acceptance of new spacecraft typically takes several years, reflective of prior aerospace market behavior.

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