The last week seemed to be an enjoyable one for SPCE. I believe in this stock both short term and long term. To prove that I have invested in common stock as well as option calls. I will highlight why I expect this stock to rise in the next couple of months.

1. The last test Virgin Galactic experienced was considered a fail but from a safety and engineering stand point the spaceplane was successful in landing even with the engine problems.

2. The next couple of months should see the company have multiple test flights and it should finish its FAA certification. Richard Branson himself will be a part of the final test flights and that success will drive the stock to new highs.

3. We are in the Era of growth and people invest into stocks that have the ability to propel us to the future with their technology or products. SPCE is part of that future and can help shape the new space frontier as well as hypersonic travel in the future. It will be ahead of its competitors before the end of summer when it starts to plan its official space tourist flights. 

4. The great Catherine Woods is beginning a space etf and the space plays are few but strong. I can see SPCE, LMT, BA, MAXR, SRAC and RTX as the top dogs and winners once the ETF is out.

In conclusion, I expect this stock to double and maybe reach new heights into the three digits by the end of the year. An accident and failure I'm testing can change this prediction bit considering their last flight had a engine problem and landed safely I feel confident this stock will only go up after that small bump in time.