# Virgin Galactic Holdings, Inc (SPCE) — capital_raise/atm_program [announced]
Source: SEC API (secapi.ai) · situation sit_df4eef87d94bd315c5f9 · retrieved 2026-08-16T20:47:47.913Z

## Overview
Virgin Galactic Holdings, Inc. is an aerospace and space travel company that enables safe, repeatable commercial human spaceflight and high-altitude scientific discovery using advanced air-launch vehicles.

Virgin Galactic Holdings, Inc. announced its financial results for the second quarter ended June 30, 2026. The company reported revenue of $0.1 million and a net loss of $56 million, compared to a net loss of $67 million in Q2 2025. Cash position remained strong at $286 million as of June 30, 2026. The company announced that its first commercial spaceflight has been moved to February 2027 from the fourth quarter of 2026 to allow additional time for systems installations. A recent tranche of spaceflight expeditions priced at $750,000 was oversubscribed and booked out ahead of schedule, representing over $50 million in expected future spaceflight revenue. The company generated $134 million in gross proceeds through an at-the-market equity offering during the second quarter.

## Terms
- Deal value: $134.0M · Consideration: stock

## Key dates
- Announced 2026-08-12 · Expected close 2027-02-01

## Timeline
- 2026-08-12 · 8-K (0001706946-26-000126): 8-K - Virgin Galactic Holdings, Inc — *Virgin Galactic Holdings, Inc. is an aerospace and space travel company that enables safe, repeatable commercial human spaceflight and high-altitude scientific discovery using advanced air-launch vehicles.* Virgin Galactic Holdings, Inc. announced its financial results for the second quarter ended June 30, 2026. The company reported revenue of $0.1 million and a net loss of $56 million, compared to a net loss of $67 million in Q2 2025. Cash position remained strong at $286 million as of June 30, 2026. The company announced that its first commercial spaceflight has been moved to February 2027 from the fourth quarter of 2026 to allow additional time for systems installations. A recent tranche of spaceflight expeditions priced at $750,000 was oversubscribed and booked out ahead of schedule, representing over $50 million in expected future spaceflight revenue. The company generated $134 million in gross proceeds through an at-the-market equity offering during the second quarter.
  https://www.sec.gov/Archives/edgar/data/1706946/0001706946-26-000126.txt

## Citations
- 0001706946-26-000126 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000170694626000126