President Trump’s executive order on a U.S. lunar base boosts Virgin Galactic (SPCE) shares, trading above 50-day MA. Despite a recent rally, stock is down 40% from year-to-date high. Trump’s policies create sector momentum, NASA leadership change signals industry-friendly approach, and SpaceX IPO anticipation benefit space companies like Virgin Galactic. While space tourism is a unique opportunity, Virgin Galactic needs to show operational consistency and revenue scalability. Analysts maintain “Hold” rating on SPCE stock with a mean target of $4.12, indicating 17% upside potential. Wall Street cautiously optimistic about Virgin Galactic’s future growth prospects.

Read more at Barchart: Virgin Galactic Stock Is Challenging This Key Resistance Level as Trump Goes All In on Space