A bit about Virgin Galactic
📅 Year founded: 2004
💼 Industry: Space tourism & Technology
🌐 Website: https://www.virgingalactic.com/
Virgin Galactic is a spaceflight company that is part of Richard Branson’s Virgin Group and its goal is to commercialise space ways, meaning the public can visit. Along with developing space tourism, the company also aims to offer ‘supersonic’ travel, drastically speeding up commercial airline travel. Virgin Galactic has partnered with NASA before, though it's in a competitive space thanks to the likes of SpaceX and Blue Origin. Read more on who’s winning the battle for commercial space travel here.
How to buy Virgin Galactic on the Shares app
Buying shares in Virgin Galactic is straightforward.
1. Make sure that you have the Shares app downloaded.
2. Open the app and navigate to the Explore section (the magnifying glass) on the tab bar at the bottom of the app.
3. Use the search bar at the top to find Virgin Galactic. Simply search using the company name or with their ticker symbol SPCE.
4. Now, press ‘buy’.
5. Enter the monetary amount you’d like to spend. You can add a comment and even a GIF reflecting how you feel about your purchase. Once you’re ready, hit review.
6. Your big moment is coming up. Review your order – check the stock price, amount you’re spending, amount of shares you’re receiving, the service fee, and of course, that your witty comment and GIF are all looking sharp. Your time has come - hit confirm.
7. If the stock market that Virgin Galactic is registered on is closed at the time of buying, your order will be scheduled for when the stock market reopens. Read about what time each stock market opens and closes.
8. You can double-check your investment by going onto your invest page, or by going onto the stock’s page directly.
How to sell Virgin Galactic on the Shares app
1. The process for selling a stock is much the same as buying, only reversed. Click on your stock and tap sell (it’s right next to ‘buy’).
2. You’ll be asked the amount of shares you’d like to sell and a chance to review it, just like when you bought the stock. When you are ready, simply hit confirm.
Does Virgin Galactic pay dividends?
No, Virgin Galactic does not currently pay dividends.
For a list of companies that have consecutively been paying dividends for 25 years or more, visit our dividend collection inside the Shares app.
Want to buy or sell another company? Check out our guides on:
This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. If you are unsure about anything, you should seek financial advice from an authorised advisor.
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