$SPCE: Everyone screaming "DILUTION" needs to actually read the 8-K. Here's what's really happening.

sec.gov/ix TL;DR: Virgin Galactic is paying off ~$30M of debt with stock instead of cash. The stock tanked ~40% on the headline. The dilution is ~5%. The interest savings and cash runway it buys are real. Everyone panic-selling didn't do the math. NFA, I'm a regard. Okay apes, gather round. The June 2 8-K dropped and the timeline melted down over "DEBT FOR EQUITY = ZERO = INFINITE DILUTION." Let me smooth-brain this for you wi