$SPCE

Blue Origin paused New Shepard flights for at least two years in 2026, while Virgin Galactic delayed its return to commercial flights to 2027. Both companies faced operational pauses, with Blue Origin shifting focus to lunar capabilities and Virgin Galactic replacing its Unity spacecraft with a new Delta-class spaceplane. Virgin Galactic reported oversubscription for a limited $750,000 seat tranche, but the exact number of seats sold was not disclosed.

Virgin Galactic received final approval to settle derivative claims. The company's stock has seen a 5.02% decrease year-to-date. This resolution may impact investor sentiment and future trading activity.

Virgin Galactic (NYSE:SPCE) received court approval for a $2.75M settlement in shareholder derivative lawsuits. The company will keep $1.375M, with the rest going to plaintiffs' legal fees. No wrongdoing was found. The lawsuits were filed in 2022.

Virgin Galactic has received final court approval to settle derivative claims without any findings of wrongdoing. The settlement resolves legal disputes related to the company's operations.

Virgin Galactic said on its Q2 earnings call that commercial flights of its first Spaceship suborbital tourism vehicle will be delayed by a few months, now expected to start in February 2027 instead of Q4 2026. The company attributed the shift to many smaller assembly issues. It also cited October transfer and flight-test plans, a second vehicle targeting Q2 2027, and $50 million in sold $750,000 tickets.

Virgin Galactic said it will keep commercial spaceflight paused until February 2027, citing additional time for avionics and systems installations. The company reported a Q2 2026 net loss of $56 million and revenue of $0.1 million. CEO Michael Colglazier said demand exceeded the initial $750,000 ticket batch, prompting higher-priced seats, but those buyers will wait longer.

Intuitive Machines (LUNR) shares rose about 10% to around $19 after reporting Q2 2026 revenue of $206.2M (below consensus) and a wider GAAP loss, but citing backlog near $1.8B. Stifel upgraded LUNR to Buy, lowering its price target to $26. Virgin Galactic (SPCE) jumped ~10% after a delayed launch to Feb 2027.

Intuitive Machines (LUNR) rose about 10% to around $19 after reporting Q2 2026 revenue of $206.2M below consensus and a wider GAAP loss, but backlog reached about $1.8B. Stifel upgraded LUNR to Buy, with a lowered price target to $26. Virgin Galactic (SPCE) gained ~10% after a delayed launch, while Rocket Lab (RKLB) and AST SpaceMobile (ASTS) rose ~1%.

Rocket Lab plans to increase Electron launch frequency using its portable GHOST spaceport system and also expand launches to Alaska. ArianeGroup will not dissolve MaiaSpace despite a 37.5 million euro 2025 loss. Firefly says Alpha production is at an all-time high. Virgin Galactic seeks a name for its Delta-1 ship and targets commercial service in Feb 2027. Rocket Lab’s Neutron first launch is now likely in 2027.

Virgin Galactic said it will delay commercial spaceflight return until February 2027 and plans to raise ticket prices later in 2026. The company reported a Q2 2026 net loss of $56 million and revenue of $0.1 million. CEO Michael Colglazier cited additional avionics and systems installation time after demand exceeded the first $750,000 seat batch.