Virgin Galactic SPCE - investor backing disclosed after Friday market close

News excerpts -

**Options-Backed Bet On SPCE**

A filing from Friday showed that investor Rich Huang and RichRich Capital LLC disclosed a 5.26% stake in Virgin Galactic. According to the filing, RichRich Capital reported owning 4.87 million shares, representing 4.62% of the company, consisting of 304,600 shares, along with call options on an additional 4.57 million shares.

Huang, the sole member of RichRich Capital, reported a total stake of 5.58 million shares, representing 5.26% of Virgin Galactic. In addition to the firm's holdings, Huang disclosed call options representing another 708,500 shares, including 284,100 in an individual retirement account (IRA) and 424,400 personally held.