SPCELINE
Oct 3, 1:02 PM
$SPCE $31 billion at
$200 (that's the old IPO price)
When Virgin Galactic (SPCE) made its public debut on the New York Stock Exchange on October 28, 2019 (following its merger with Social Capital Hedosophia, a special purpose acquisition company or SPAC), the company was valued at approximately
$1.5 billion.
On its first day of trading, shares opened around
$11.75, and the stock closed with a market capitalization right around that initial valuation benchmark.
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