#spcestocknewstoday #virgingalacticstock #spcestocktoday Virgin Galactic is exploring the potential expansion of its space tourism operations to Italy, with plans to discuss using the Grottaglie Spaceport in the Puglia region with the Italian Civil Aviation Authority. Currently launching suborbital flights from New Mexico, the company sees Italy as a strategic opportunity to enter the European market and potentially serve clients from Europe, the Middle East, and beyond. Mike Moses, who leads Virgin Galactic's commercial spaceflight operations, believes the Italian location could generate annual revenues approaching $1 billion. The company will first conduct a two-year feasibility study to assess the practical aspects of establishing operations in Italy, marking a potential new chapter for the space tourism venture founded by Richard Branson, which has recently experienced flight suspensions and stock value challenges.