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Richard Branson Sheds Virgin Galactic Stake By $150M

British billionaire Sir Richard Branson sold nearly $150 million worth shares of his space tourism company Virgin Galactic Holdings Inc (NYSE: SPCE) over the course of three days, as per a regulatory filing. read more.....»»

Category: blogSource: benzingaApr 15th, 2021

Billionaire Richard Branson"s Virgin Orbit has reportedly hired bankers to go public via SPAC merger

Billionaire Richard Branson is aiming for a $3 bi.....»»

Category: smallbizSource: nytMar 12th, 2021

Billionaire Richard Branson"s Virgin Orbit has reportedly hired bankers to go pubic via SPAC merger

Billionaire Richard Branson is aiming for a $3 bi.....»»

Category: smallbizSource: nytMar 12th, 2021

Khosla Ventures gets into the SPAC boom with plans to raise $1.2B in 3 IPOs

Another major Silicon Valley tech investor joins the record run of "blank check" IPOs. Menlo Park-based Khosla Ventures filed plans Friday to raise $1.2 billion for special purpose acquisition companies (SPACs) that aim to take three yet-to-be-dete.....»»

Category: topSource: bizjournalsFeb 13th, 2021

LinkedIn, Zynga founders file for new $850M SPAC amid reported merger talks with Joby Aviation, Hippo

LinkedIn co-founder Reid Hoffman and Zynga founder Mark Pincus can't seem to get enough of "blank check" IPO mania. They filed plans to raise $850 million for their third special purpose acquisition company (SPAC) on Friday, following reports t.....»»

Category: topSource: bizjournalsFeb 13th, 2021

Colin Kaepernick plans to raise $250M for social justice SPAC

Former NFL quarterback Colin Kaepernick plans to raise $250 million for a special purpose acquisition company focused on racial equality and social justice issues......»»

Category: topSource: foxnewsFeb 10th, 2021

Climate Change SPAC soars 80% amid plans to merge with electric-vehicle charging network EVgo

The merger will value EVgo at $2.6 billion and raise $575 million in proceeds for th.....»»

Category: personnelSource: nytJan 22nd, 2021

Richard Branson"s Virgin Atlantic To Raise More Than $900 Million From Deutsche Bank, Others

Richard Branson owned Virgin Atlantic is in negotiations with Deutsche Bank AG (NYSE: DB) and other lenders to raise funds to mitigate declining demand brought on by t read more.....»»

Category: blogSource: benzingaMay 15th, 2020

In first public results, Branson"s Virgin Galactic posts $73 million quarterly loss

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company......»»

Category: topSource: reutersFeb 25th, 2020

In first public results, Branson"s Virgin Galactic posts $73 mln quarterly loss

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company......»»

Category: topSource: reutersFeb 25th, 2020

Virgin Galactic"s quarterly loss widens to $73 million

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company......»»

Category: topSource: reutersFeb 25th, 2020

Richard Branson"s Virgin Galactic to go public by year-end

British billionaire Richard Branson's Virgin Galactic plans a stock market listing by the end of the year, giving it the much-needed funds to take on Jeff Bezos' Blue Origin and Elon Musk's SpaceX in the race to space......»»

Category: topSource: reutersJul 9th, 2019

Richard Branson"s Virgin Galactic to launch IPO by end of the year

British billionaire Richard Branson's Virgin Galactic plans a stock market listing by the end of the year, becoming the first space tourism firm to tap public markets for funding......»»

Category: topSource: reutersJul 9th, 2019

Richard Branson’s Virgin Galactic will take tourists to space. Now it's set to go public

British billionaire Richard Branson’s space-tourism unit Virgin Galactic plans to go public later this year, the.....»»

Category: topSource: usatodayJul 9th, 2019

Richard Branson"s Virgin Galactic plans to go public by end-2019

Billionaire Richard.....»»

Category: topSource: reutersJul 9th, 2019

A Billionaire Toy Maker Will Still Try to Buy Hundreds of Closing Toys ‘R’ Us Stores, Despite Failed Crowdfunding Attempt

Larian had attempted to raise $200 million from other investors. Billionaire toy maker Isaac Larian isn’t letting a failed crowdfunding effort stand in the way of his plans to buy hundreds of Toys ̵.....»»

Category: europeSource: fortuneApr 13th, 2018

Richard Branson sells his 32-meter catamaran Necker Belle for $3 million

Phillip Faraone/Getty Images British billionaire Richard Branson has sold his 32-meter catamaran Necker Belle for $3 million. Branson bought Necker Belle for £5.3 million in 2009, when the catamaran was named Lady Barbe.....»»

Category: topSource: businessinsiderSep 12th, 2018

Billionaire Richard Branson's summer plans? Head to space

The British billionaire says he'll fly to space aboard his own Virgin Galactic spacecraft in July to coincide with the 50th anniversary of the Apollo 11 moon landing.  .....»»

Category: topSource: usatodayFeb 8th, 2019

Richard Branson’s goal of $100 million for Venezuela could face an obstacle: Maduro

The billionaire is organizing a big charity concert to raise humanitarian aid, but will Venezuela's president let his people benefit?.....»»

Category: topSource: washpostFeb 16th, 2019

Richard Branson’s goal of raising $100 million for Venezuela could face an obstacle: Maduro

The billionaire is organizing a big charity concert to raise humanitarian aid, but will Venezuela's president let his people benefit?.....»»

Category: topSource: washpostFeb 16th, 2019