Taking a closer look at SPCE - I think the market is missing something here

u/reeksofdank · Reddit — r/smallstreetbets · June 02, 2026 at 00:33 · ⬆ 24 pts · 💬 15 comments  | View on Reddit ↗
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Original Reddit post

Author is long SPCE, citing completed restructuring, new leadership, expanding commercial spaceflight market, brand value, and a range-bound setup as underappreciated fundamentals.

SPCE — LONG The author is long SPCE, arguing the market is missing that the company completed a full corporate restructuring, has new leadership with a clear vision, and retains the valuable Virgin Galactic brand. He cites an expanding addressable market for commercial spaceflight and a stock that has been range-bound for months, which he believes typically precedes a directional move. He acknowledges he is not saying to back up the truck but discloses he did buy, and notes only $1.5 million in revenue this year.

I'm not saying back up the truck. I'm just saying I did, and I wanted to share my reasoning with people who might appreciate a more fundamentals-based perspective

Score 24
Comments 15
Upvote % 79%
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u/reeksofdank Reddit r/smallstreetbets
Long SPCE on restructuring, brand, market growth
The author is long SPCE, arguing the market is missing that the company completed a full corporate restructuring, has new leadership with a clear vision, and retains the valuable Virgin Galactic brand. He cites an expanding addressable market for commercial spaceflight and a stock that has been range-bound for months, which he believes typically precedes a directional move. He acknowledges he is not saying to back up the truck but discloses he did buy, and notes only $1.5 million in revenue this year.
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This Reddit post, published June 02, 2026, features u/reeksofdank discussing SPCE. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/reeksofdank  · Tickers: SPCE