Where to buy SPCE stock: is Virgin Galactic more than just a WallStreetBets target?

In recent days, as the WallStreetBets saga continues, there has been plenty of talk about stocks ‘going to the moon.’ Virgin Galactic Holdings (SPCE) – a British American spaceflight company under the wider Virgin umbrella – is a stock that is heading towards the moon on multiple levels, and investors now want to know the best place to buy Virgin Galactic stock.

Reddit is a major source of much of this enthusiasm, but SPCE appears to have much more fundamental value than many of the pumped and short-squeeze stocks we have seen recently.

Unlike its private rival, SpaceX, SPCE had struggled to gain a lot of momentum in the market. However, a recent announcement has seized the imagination of investors whilst SpaceX’s latest test flight has crash-landed. On this page, we will delve into what SPCE is, how to invest in SPCE, and why SPCE is rising in value.

What is SPCE?

SPCE aims to provide suborbital flight to both private researchers and individuals, and it has also given flight to the portfolios of investors: the stock is up more than 95% in the year-to-date. Founded in 2004 by Richard Branson and Burt Rutan, the California-based company is listed on the NYSE, where it has recently attracted the attention of investors. Find out how to buy Virgin Galactic shares.

How to buy SPCE stock right now

If you want to buy SPCE stock today, you need to find a reliable broker that can execute your trades effectively. We have a comprehensive array of reviews of different platforms on our website, and below is our list of the 3 best ways to buy SPCE shares.

1. Fidelity

Fidelity is an established online brokerage and is a strong candidate for investors to use to buy Virgin Galactic shares. Its interface is clear and the platform is accessible, even for inexperienced investors.

2. Plus500

Plus500 provides a strong investing and trading service that covers a wide variety of assets. You can easily invest in SPCE or trade SPCE stock right now. A free demo account is also available to those of you who want to learn the ropes before you buy Virgin Galactic stock.

3. eToro

One of the largest trading platforms in Europe is eToro, and it is also a good place for you to invest in SPCE shares. It has features like CopyTrader™, which allows you to copy the trades of top-performing investors automatically.

If you want to invest in Virgin Galactic, but you don’t feel ready to buy shares, check out our guide. It will kickstart your knowledge of investing. Check out our website for a more detailed guide on how to invest in SPCE.

Why is SPCE rising in value so fast?

Redditors have undoubtedly been part of the reason behind SPCE’s meteoric rise, but it isn’t an open-and-shut case. There has been some organic growth creation. Yesterday, having aborted its last test flight in December, SPCE announced that its next test flight window will open on February the 13th. Investors were excited by this news, and yesterday’s SpaceX failure might also have played a role.

Preparation is underway for a rocket-powered test flight of SpaceShipTwo Unity from Spaceport America, New Mexico. The flight window will open on Feb 13th with opportunities to fly throughout the month, pending weather conditions and technical readiness. https://t.co/hy18Tg6gkf pic.twitter.com/tiAqJvLkyy

— Virgin Galactic (@virgingalactic) February 1, 2021

Sir Richard Branson’s wealth hits new high as Redditors boost shares in his Virgin Galactic $SPCE companyhttps://t.co/KdSlKgutFD

— Investo News (@InvestoNews) February 3, 2021

SpaceX’s Starship SN9 launch and test flight went successfully, but it crashed in a large fireball upon trying to land in Boca Chica, Texas. It is a repeat of an accident that destroyed the SN8 rocket in December. On the public front, SpaceX has been very positive about the information it obtained from the test flight, but perhaps another newsworthy inferno has made investors look at Virgin Galactic as a serious rival.