Advertisements



Virgin Galactic falls 9% after founder Richard Branson unloads $150 million stake in the company

Despite the share sale, Branson remains the largest shareholder of the spaceflight company, owning a 24% stake worth about $1.6 billion. Drew Angerer/Getty Images Virgin Galactic fell as much as 9% on Thur.....»»

Category: topSource: businessinsiderApr 15th, 2021

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

Richard Branson to sell 25 million shares in Virgin Galactic to battle pandemic impact

Billionaire Richard Branson's Virgin Group said on Monday that it may sell up to 25 million shares of space tourism company Virgin Galactic Holdings Inc to raise funds amid the COVID-19 pandemic......»»

Category: topSource: reutersMay 11th, 2020

Richard Branson cleared to sell $1B of Virgin Galactic stake: Report

Richard Branson is free to sell a nearly $1 billion stake in Virgin Galactic, half his stake in the aerospace company he founded......»»

Category: topSource: foxnewsMay 8th, 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

Virgin Galactic to run as a critical infrastructure business during pandemic

Billionaire Richard Branson's space tourism company Virgin Galactic Holdings Inc will keep running as a critical infrastructure business, even as many U.S. states in which it operates have mandated business closures during the coronavirus outbreak......»»

Category: topSource: reutersApr 12th, 2020

Virgin Galactic set to hire more employees in southern NM

With its first commercial flight expected to take to the skies from Spaceport America this year, Richard Branson's Virgin Galactic is on a mission to hire. The space company plans to bring on at least 50 new employees in New Mexico, including a variety .....»»

Category: topSource: bizjournalsJan 14th, 2020

Richard Branson"s Virgin Galactic soars before crashing to earth in NYSE debut

Richard Branson-backed Virgin Galactic Holdings Inc fetched a valuation of around $2.3 billion on its market debut on Monday, after shares in the first publicly traded space tourism company popped before fizzling out......»»

Category: topSource: reutersOct 28th, 2019

Virgin Galactic Execs Talk Long-Term Outlook After IPO Debut

Richard Branson's space tourism company Virgin Galactic Holdings, Inc. (NYSE: SPCE) will boast gross margins that look "as good as one of the best" software companies, investor Chamath Palihapitiya read more.....»»

Category: blogSource: benzingaOct 28th, 2019

Richard Branson"s Virgin Galactic takes off in NYSE debut

Richard Branson-backed Virgin Galactic Holdings Inc started trading on the New York Stock Exchange on Monday, becoming the first space tourism company to hit public markets......»»

Category: topSource: reutersOct 28th, 2019

Boeing to invest $20 million in Branson"s Virgin Galactic

Boeing to invest $20 million in Richard Branson's Virgin Galactic.....»»

Category: topSource: moneycentralOct 8th, 2019

Boeing to invest $20 million in Branson"s Virgin Galactic

Boeing to invest $20 million in Richard Branson's Virgin Galactic.....»»

Category: topSource: moneycentralOct 8th, 2019

Boeing to invest $20 million in Richard Branson"s Virgin Galactic

Boeing Co said on Tuesday it would invest $20 million in Richard Branson's space-tourism venture Virgin Galactic giving it more money to take on rivals in the race to space......»»

Category: topSource: reutersOct 8th, 2019

Will Virgin Galactic Take-Off After Going Public?

News broke Tuesday that Virgin Galactic, Richard Branson's space-tourism venture, will go public. Virgin Galactic won't, however, have a traditional IPO. Instead, a special purpose acquisition company, or SPAC, which is already publicly traded, w.....»»

Category: personnelSource: nytJul 10th, 2019

Space Travel One Step Closer To Reality As Richard Branson"s Virgin Galactic Files To Go Public

Richard Branson's Virgin Galactic is one step closer to realizing his space-tourism dream as the company is read more.....»»

Category: blogSource: benzingaJul 9th, 2019

Space-tourism dream edges toward reality in New Mexico

British billionaire Richard Branson and his space-tourism company Virgin Galactic an.....»»

Category: topSource: foxnewsMay 10th, 2019

Cufflinks and the Caribbean: How Virgin Galactic kept space tourists" interest and money

Virgin Galactic's goal to fly tourists into space as early as this summer is about 12 years later than initially promised by its founder, British billionaire Sir Richard Branson......»»

Category: topSource: reutersApr 12th, 2019

Richard Branson"s Virgin Galactic Just Took a Big Step Toward Sending Tourists Into Space

The company completed its first rocket-powered test flight since 2014......»»

Category: topSource: incApr 6th, 2018

Virgin Galactic tests ship that could bring tourists to space

Virgin Galactic, the aerospace company owned by Richard Branson fired up its VSS Unity spaceship for the first time since a deadly crash in 2014. The company hopes to bring paying tourists to space in the future......»»

Category: videoSource: cnnApr 6th, 2018