How to buy Virgin Galactic (SPCE) stock

By:

Max Adams

Max was the Editor of Education for Invezz from 2019-2021, overseeing the wider investment educational strategy. He has written for financial publications for over 5 years,... read more.

 & 

James Knight

James is a lead editor for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His ... read more.

Updated: Jul 6, 2023

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A big part of learning how to buy Virgin Galactic stocks is finding the best place to make your investment. Virgin Galactic stocks are available to invest in through an online stock broker, and it usually takes just a few minutes to buy shares in Virgin Galactic when following our step by step guide.

Where to buy Virgin Galactic stock?

The best stock trading platform to use to buy Virgin Galactic stock is eToro .

Based on our research, we’ve ranked the top three brokers where you can buy Virgin Galactic shares, according to how easy they are to use, how low their fees are, their safety and security rating, and average customer reviews.

Most Popular

1

Min. Deposit

$ 10

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10

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Deposit with ACA, Wire, Pay with my bank

Invest for dividends and get payout on stocks on Ex-Dividend day

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Payment Methods:

Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer

Full Regulations:

CySEC, FCA

77% of retail CFD accounts lose money.

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How to buy stock in Virgin Galactic in 3 simple steps

Buying Virgin Galactic stock is quick and easy, all you need is an internet connection and a copy of your photo ID. Here’s how to do it.

Step 1. Sign up to eToro

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eToro is the best stock trading platform for beginners. Fill in your details to set up a brokerage account and attach a copy of your ID to verify it.

Most Popular

1

Min. Deposit

$ 10

Best offer

User Score

10

Up to $240 bonus!

Deposit with ACA, Wire, Pay with my bank

Invest for dividends and get payout on stocks on Ex-Dividend day

Start Trading more info

Payment Methods:

Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer

Full Regulations:

CySEC, FCA

77% of retail CFD accounts lose money.

Step 2. Make a deposit

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Transfer money to your new account with your credit or debit card, a bank transfer, or an alternative payment method, like PayPal. The minimum deposit is £10.

Step 3. Buy Virgin Galactic shares

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Search for Virgin Galactic using the ticker, SPCE. Click the ‘trade’ button and enter the details of your investment, such as how many shares you want to buy or how much you want to spend. Hit ‘trade now’ to invest in Virgin Galactic and complete your purchase.

It’s as easy as that! You can buy Virgin Galactic shares in just 10-15 minutes and now you’re a Virgin Galactic shareholder.

Compare the best platforms to buy Virgin Galactic stock

1. eToro. Best for beginners, copy-trading & demo-account

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2900

No. assets

$10

Minimum deposit

Stocks

Platform type

Pros & Cons

Great for beginners, simple to set up and get started Zero commission stock trading Popular ‘CopyTrader’ function lets you follow top traders Excellent customer service, with live chat support provided Over 2,000 CFDs available to trade

Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Overview

We love eToro because you can trade more than 3,000 stocks, commission free. When you buy stocks on eToro, you’re buying the underlying asset, which means you can earn dividends. Or you can trade fractional shares, which means you can invest in even the most expensive stock from just $10.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the stock market every day, browse the latest analyst opinion about every one of those stocks, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: Stock and ETF trades are commission free. Stock CFDs are charged a 0.15% spread and overnight fees can apply. You can deposit money for free but you have to pay $5 per withdrawal, and there’s a minimum withdrawal of $30. A $10 per month activity fee is charged if you don’t log in for a year.

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77% of retail CFD accounts lose money.

Fundamental analysis of Virgin Galactic shares

What is Virgin Galactic’s total worth?

Virgin Galactic’s total net worth is $1.52 billion. This is its total market capitalisation, calculated by multiplying the number of shares outstanding on a stock exchange by the current share price.

How has Virgin Galactic’s share price performed in recent years?

The current Virgin Galactic stock price today is $5.42, which is 90.31% below its all time high of $55.91, which it reached on 25 June 2021. 

Overall, SPCE is down 46.16% over the last five years. The SPCE share price is up 54.73% in 2023 with a 52 week high of $11.25 and a 52 week low of $3.24.

What is Virgin Galactic’s EPS?

Virgin Galactic’s EPS is -$0.55. EPS stands for earnings per share and is calculated by dividing Virgin Galactic’s net profit by the number of shares outstanding. It gives you an idea of how valuable a company is.

What is the Virgin Galactic P/E ratio?

Virgin Galactic’s P/E ratio is 0.0. The P/E, or price to earnings ratio, tells you how much you would have to pay per share for $1 of Virgin Galactic’s earnings. 

It is calculated by dividing the share price by the earnings per share. You can use Virgin Galactic’s earnings estimates to predict its future (or forward) P/E and set a target price you think the stock can reach.

What is Virgin Galactic’s dividend yield?

Virgin Galactic’s dividend yield is 0%. The dividend yield tells you how much of Virgin Galactic’s share price it gives back to shareholders in dividend payments every year.

Is Virgin Galactic stock a buy or sell?

The indicator below shows you live technical ratings for Virgin Galactic stock on time frames from one minute to one month. 

It tracks a selection of key technical indicators on live market data, including moving averages, relative strength index (RSI), oscillators, and momentum. 

This indicator should be used when you research Virgin Galactic to help you decide whether to buy Virgin Galactic shares. Past performance is no guarantee of future results. It is not investment advice or a recommendation from Invezz to buy this stock.

Is Virgin Galactic a good investment for me? 

The right answer is different for each person, so here is some information to help you decide whether to buy stocks in Virgin Galactic.

• Virgin Galactic’s business is almost entirely theoretical for now. Virgin Galactic is a space tourism business that aims to build the technology to provide flights into space, and sell those tickets to wealthy individuals. Right now, it doesn’t have the capability to do this, and it keeps pushing back the dates at which it can start operating flights.
• Developing a space travel business requires huge amounts of capital. Creating the technology means spending hundreds of millions of dollars on research and development. Not only is space travel inherently very expensive, but there are competitors like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin trying to beat Richard Branson’s Virgin Galactic to the punch.
• The company has hardly generated any revenue so far. The only way Virgin Galactic makes money at the moment is through training astronauts and from some transportation. That means it’s entirely reliant on debt or selling shares to finance its operations. This makes it a risky endeavour, with no real business to speak of at the moment.
• Interest rate rises make debt much more expensive. When interest rates were close to zero, it was cheap for growth companies like Virgin Galactic to borrow money. That’s not the case any more, and the interest payments on debt are yet another expense to deal with.
• The market for space tourism could be large. Some analysts forecast the space tourism market to be worth $100 billion by 2040. Tickets on a Virgin Galactic space flight cost about half a million US Dollars each. The main reason for investing is that there are a lot of future profits to be made, if the company is able to get a piece of that market.
• It’s a stock that might appeal to speculative growth investors. There is a chance Virgin Galactic could return many times your investment if it’s successful. If the space tourism industry turns out to be big, then early shareholders will be rewarded for taking a risk on the company. Ultimately, it’s a highly risky investment until there is proof of concept. 

It’s always a good idea to think about any potential risks there might be as well. Use this summary of Virgin Galactic’s pros and cons before you make a final decision on whether to buy Virgin Galactic stock.

Are there other ways to buy shares in Virgin Galactic?

Yes, you can invest in Virgin Galactic stock in a few different ways. One option is to buy stock in Virgin Galactic directly through an investment platform as laid out above, while another popular choice is to invest in a fund. 

Mutual funds provide instant diversification to your investment portfolio by investing in lots of companies at once. You can invest in a NYSE index fund to get exposure to Virgin Galactic, or choose a space ETF.

Another option is to use a social copy trading platform, like eToro . Find a trader who you like and copy their Virgin Galactic trades directly to your own account. 

This can be a good investment strategy for beginners and a way to learn how to buy Virgin Galactic shares from someone with more experience.

What are the fees for investing in Virgin Galactic stock?

It depends on the stock broker. Some platforms charge a flat fee per trade, others charge a commission as a percentage of the total trade value each time you buy Virgin Galactic stocks.

Consider that there may be other costs to trading too. Other fees can include deposit and withdrawal fees, or inactivity fees if you don’t use your account for three months or more. 

These are the trading platforms that charge the lowest fees for buying stocks in Virgin Galactic.

How to sell Virgin Galactic stock

When you decide the time is right to sell and lock in some profit (or cut your losses), log into your broker account and navigate to your portfolio. 

From there, find your Virgin Galactic stock and you’ll see a ‘sell’ option next to it. Click that to set the details of the trade (you don’t have to sell all your stocks at once) and sell back to cash.

Should I buy Virgin Galactic stock now?

It’s your investing goals and style that define whether now is a good time to buy. The current Virgin Galactic stock price plays into it but ultimately it depends on your investment horizons.

• If you’re a short term trader: the goal is to make money by buying and selling stocks regularly to secure a profit or avoid a loss. That can mean trading hourly, daily, or weekly but the focus is always on the near future. Traders learn how to buy stocks in Virgin Galactic based on short term technical analysis and don’t hold shares for a long time, so any time can be a good time to buy SPCE.

• If you’re a long term investor: you’re more interested in long term price appreciation than whether a stock is up or down on any given day. The important thing is finding a stock with a strong foundation where you think the share price will be up over a period of months or years. If you think Virgin Galactic’s fundamentals are solid then the best time to invest in Virgin Galactic stock is after a dip or a pullback in price.

Most new traders sit somewhere between these two positions. You don’t want to actively trade Virgin Galactic stock all hours of the day but you don’t want to wait years for a return either.

Either way, following SPCE price news and analysis will help you decide when to dip your toe into the market.

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