News, Forecasts, and Analysis for Dec. 23, 2025
Virgin Galactic Holdings, Inc. (NYSE: SPCE) is ending 2025 in a familiar place: high volatility, heavy debate, and a stock chart that looks like it’s been through re-entry. As of Tuesday, December 23, 2025, SPCE is trading around $3.70, after a strong late-December bounce that has put the name back on many traders’ radar—especially those watching short interest, options activity, and the company’s latest financing overhaul.
But if you’re trying to understand why the stock has been moving—and what could matter next—the story in late 2025 comes down to three big themes:
- a major capital structure reset (with real dilution implications),
- a government-lab collaboration that hints at non-tourism revenue paths, and
- a…




