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On the bottom line, Virgin Galactic lost $72.7 million -- $2.66 per share -- despite growing its share count dramatically, and spreading its losses out among 49% more shares than it had a year ago.
Virgin Galactic was founded in 2004 by British entrepreneur Sir Richard Branson, who had previously founded the Virgin Group and the Virgin Atlantic airline, and who had a long personal history of balloon and surface record-breaking activities. As part of Branson's promotion of the firm, he has added a variation of the Virgin Galactic livery to ...
Baxter publicly credits his fascination with the space program to reading From the Earth to the Moon by Jules Verne as a young boy. [9] Baxter holds the distinction of First Founder [10] [11] of Virgin Galactic, a space tourism company announced by Sir Richard Branson on September 25, 2004.
Nov. 8—Virgin Galactic announced Wednesday it would be scaling back and then pausing flights to space next year from Spaceport America and that the company instead will funnel resources into ...
Virgin Galactic CEO George T. Whitesides, in a news conference following the incident, said that "Space is hard and today was a tough day." [39] [40] Virgin founder Richard Branson said after the crash: "We do understand the risks involved and we are not going to push on blindly—to do so would be an insult to all those affected by this ...
Virgin Galactic (NYSE: SPCE) is out of the space tourism business -- at least for a while. On Saturday, June 8, Virgin Galactic's "Galactic 07" mission successfully took off, briefly visited space ...
Virgin Galactic stock saw its biggest drop since June after founder Richard Branson said he won't be giving the company any more money.
SpaceShip III (SS3, also with Roman numeral: SSIII; formerly SpaceShipThree) was an upcoming class of spaceplanes by Virgin Galactic to follow SpaceShipTwo.It was first teased on the Virgin Galactic Twitter account on 25 February 2021 announcing the rollout of the first SpaceShip III plane on 30 March 2021.