What happened After a month of almost uninterrupted selling, investors are buying Virgin Galactic Holdings (NYSE: SPCE) stock again today. From Feb. 8 through close of trading on March 8 last night shares of the space tourism company lost more than half their value. But today, Virgin Galactic shares are up 9.5% as of 10 a.m. EST. Why? Image source: Getty Images. So what Best guess? This is a combination of a relief rally as investors see Treasury yields pull back, and traders who have been short Virgin Galactic close their positions and collect their winnings, and also of longer-term investors taking comfort from what Virgin Galactic Chairman Chamath Palihapitiya tweeted over the weekend. Explaining his decision to sell off all of the Virgin Galactic stock that he directly owns last week, Palihapitiya complained that he had a "tough week" in which every single one of the 14 special purpose acquisition vehicles he runs, or private investments in public equity he has participated in, lost money. It's been a super tough week for me and I'm sure a super tough week for some of you as well. Here is how I'm doing after Friday and what I've learned... pic.twitter.com/fX5YHdqBv6 — Chamath Palihapitiya (@chamath) https://twitter.com/chamath/status/1368247773481500673?ref_src=twsrc%5Etfw!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); Presented with the loss of $2 billion to his "balance sheet," he explained that, last week, he looked over his portfolio re-questioned his goals, and has "remodeled everything" he is invested in -- concluding that he wants to focus on "inequality and climate change investments" going forward. This was the reason, the chairman said, that he sold "some shares" of Virgin Galactic. Now what Of course, Palihapitiya sold a whole lot more than just "some shares." He sold 6.2 million shares -- every single share that he personally owned, keeping only those shares that are tied up in his SCH Sponsor Corp. investing vehicle. That's a big move, and I fear it may be indicative of Palihapitiya losing interest in Virgin Galactic going forward, as he refocuses his investments away from space and more toward addressing social issues. Notably, the chairman pointed out that he has "not sold any shares of any other SPAC I've launched" -- just Virgin Galactic. Investors in Palihapitiya's other companies may take some comfort from that. Investors in Virgin Galactic, however, might want to heed his final bit of advice: "Don't be afraid to make changes." Find a way to make sure you are comfortable with what you own and if not, don't be afraid to make changes. Prices are temporary but your peace of mind should not be.If all else fails, remember the Persian adage: "This too shall pass."Good luck to everyone. ❤️❤️ — Chamath Palihapitiya (@chamath) https://twitter.com/chamath/status/1368247777524731906?ref_src=twsrc%5Etfw!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); 10 stocks we like better than Virgin Galactic Holdings IncWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Virgin Galactic Holdings Inc wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Rich Smith has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Virgin Galactic Holdings Inc. The Motley Fool has a disclosure policy.Source