Following a US whistleblower’s claims that the US has recovered spacecraft of a nonhuman origin, as well as the ship’s non-human pilots, Richard Branson’s Virgin Galactic space flight company has seen its share price jump.
On Wednesday, trading data showed that the company’s stock jumped 4.26%, as trading volume surpassed its 50-day average by almost 20%. The jump was part of a broader 10.93% increase over the previous five days.
Although the shares of other companies in the sector such as Raytheon Technologies, Boeing, and Lockheed Martin, have also increased significantly following the whistleblower report, Virgin Galactic has outperformed most of them.
The report which triggered the surge originally appeared Monday in The Debrief news outlet. It noted testimony from a former US intelligence officer, David Grusch, who said according to multiple individuals who contacted him, the United States had recovered both intact and partially intact vehicles that were “of exotic origin (non-human intelligence, whether extraterrestrial or unknown origin),” with “unique atomic arrangements and radiological signatures.” It was also claimed that the US had recovered the bodies of the pilots of the vehicles.
As the former liaison to the US Congress Unidentified Aerial Phenomenon Task Force for the National Reconnaissance Office, Grusch said in an interview with The Debrief that UFO “legacy programs” were kept hidden from both Congress and the Department of Defense. He has filed a whistleblower complaint with Congress over illegal retaliation he says he has suffered due to testifying to the Task Force and sharing his information with them. The Pentagon cleared his testimony for publication in April.
Following its publication, outlets worldwide have picked up the story. Analysts have noted that if the publication of the story leads to greater disclosure, the findings of the research on the technology behind the crafts could be of great benefit to companies in the aerospace sector such as Virgin Galactic and Elon Musk’s SpaceX, should it allow it to be reverse-engineered. As a result, traders have begun to move into the sector.
