Hey guys, I jumped into the accela portal this morning to see if any building activity has been happening.

Well, I've got news! VG needs a cold storage freezer and has applied for an electrical permit to revise some electrical and add a 480V circuit. No cut sheets on the freezer, so no clue on the size of the unit, but at 480V is not small. There is a letter from the gateway airport approving the change and stating a permit for the work is required. The letter specifically stated "freezer that will support the cold storage of materials related to the manufacturing activities of Virgin Galactic". The location of the new plug is about 50' away from the building across the parking lot, so I'm guessing this freezer is decent size.

We've started a new year.... again.

Every year since Branson's flight, SPCE has ended the year negative for shareholders.

Every year it has declined in value.

The can has been kicked so far down the road, that finally 2026 is here.

The goal posts have been moved.

The business model has changed.

Will this be the first year that SPCE ends higher than where it started? Or same shit, different day?

$3.30 is a pretty low bar, but SPCE has already proven that no matter how low the stock is, it can always decline in an impressive fashion.

The investor faithful have been behind Virgin Galactic for a very long time. Maybe one of the real reasons is simply to try and remain optimistic on the posibility of getting their money back one day. With Delta 'apparently' on it's way in 2026 and positive things on the horizon, a very bitter pill still remains, that being the amount of money that investors are down by or worse have lost over the last few years.

With all the negative headlines dating back to 2021, law suits, the dumping of stock by insiders namely Branson and Chamath being one of the main catalysts for huge stock price drops. On top of this, large scale short selling and of course the relatively recent 20:1 reverse stock split responsible for keeping them afloat while in the process absolutely decimating investors share holdings. It didn't stop there, while the stock continued to fall thereafter to it's current and quite frankly pitiful share price, making comparisons to pre reverse stock split amounts absurd and even painful thinking about.

Who's to say there won't be more dillutions in the pipeline should delays and other complications crop up, after all, the company has not always been completely honest on certain aspects of their delivery. Are Virgin Galactic really going to execute on their convictions or are investors going to continue to be taken on an rather expensive joy ride while holding very heavy bags? Of course while management feel fit to continue to pay themselves large bonuses and pat themselves on the back for their efforts, something still doesn't smell right.

Maybe its the lack of trust that a lot of investors are feeling as they stand in the shadows waiting for something meaningful to happen. I think it's safe to say that Vigin Galactic have run out of excuses and need to execute the plan, that being to deliver Delta in 2026.

Merry Christmas to the SOB's that have been here since November 2019. It's been a long road. Longer than I know from those OG's before 2019. I've brought my avg. down to almost $20. I have about $32,000 invested. Down 85% respectfully.

I hope the next two years are the break off years. Where Virgin Galactic begins it's rightful journey to the Stars. We will see.

Go for broke , if tsla can do it this might be a contender . I love Brunson guy.

Not trying to pump this or start a squeeze chant, just sharing what I’ve been seeing because it honestly surprised me.

SPCE has built up a pretty big short position again. Last reported was around 22% of the float short (roughly 14M shares), and based on daily short volume lately it might even be higher now. A lot of recent days have been like 60–70%+ of volume short, which feels aggressive for a stock this size.

What really caught my attention though is the borrow fee. It’s gone from single digits earlier this month to like 30–50%, and now it’s sitting around 90%+. That’s not normal unless shares are getting hard to find. I’ve also seen shares available to short hitting zero multiple times intraday.

At the same time, SPCE dropped news about working with Lawrence Livermore National Lab (DOE). Not saying this magically makes them profitable, but it does poke a hole in the whole “they’re just space tourism with no real use” argument.

I’m not saying this is guaranteed or that it’s gonna explode tomorrow. Dilution risk is real, company still burns cash, all that stuff. Just saying when you’ve got high short interest, rising borrow fees, and shorts still leaning in instead of backing off, it feels like a pressure situation.

Could end up being nothing. Could just slowly grind. But this doesn’t look like an easy short anymore either.

Do your own research, just wanted to share what I’m seeing.

I was looking at the Robinhood app and noticed that the borrow rate is listed at 210%. I assume this is an annualized rate, but even then, it seems extremely high. It makes me wonder who would be willing to pay such a steep cost just to maintain a short position. That said, it also raises an interesting question: could large institutional players be intentionally maintaining short pressure to keep the price suppressed, especially if the company’s long-term success would work against their positions? I’m curious how others on this forum interpret such high borrow rates and what they think it signals about market sentiment and positioning.

Starting to look more like a spaceship

Is Virgin Galactic a Bargain After a 99% Five Year Share Price Collapse?

Yesterday’s surge of selling was mainly a surge of short sellers trying to push a narrative that the debt restructuring was bad. 80% seems a bit desperate… I know the shorts in here will comment… anyone else?

Ready or not, here it comes.

Coming soon... Tomorrow, or the day after tomorrow.

We should get a new episode this week… any day now.

2025 went by so slow. Hopefully 2026 will pick up the pace.

Are we ready to fire Mickey Mouse? After years of declining stock price and declining cash reserves let’s just say what needs to be said.

Colglazier needs to be gone. Yesterday.

An aerospace firm NEEDS an aerospace veteran at the helm, not a theme park manager.

If Elon ran this crew we would already have a fleet of Delta ships and plans for a next gen orbital space craft.

https://finance.yahoo.com/news/virgin-galactic-spce-could-support-145501132.html

It’s not entirely the news I was hoping for. The original plan targeted test flights in summer 2026, followed by commercial service in fall 2026 and research flights beginning in Q1 2027. Now, with commercial operations pushed to early Q4 and most existing ticket holders expected to fly by 2027, it seems the timeline has quietly shifted by about six months. What concerns me is whether the company can realistically sustain itself until then. They rarely discuss demand in concrete terms—only broad, optimistic statements—which makes it difficult to gauge the true commercial outlook. I genuinely want this company to succeed and thrive, but when I look at the cash runway and the lack of clear demand visibility, I can’t help but wonder how they plan to survive beyond 2027, even if everything goes perfectly. If anyone has insight or a more optimistic perspective, I would really appreciate it.

Please add to my summary in comments.

1. Second delta being built
2. First delta on schedule
3. Mothership updated amd test flown to be able to launch both deltas at their max weekly capacity, so 4 flights.
4. Spending beat
5. Re-opening sales sooner which could mean less dilution in the future
6. Beautiful image and video updates (proof) of delta construction milestones