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Virgin Galactic was founded in 2004 by British entrepreneur Sir Richard Branson, ... (51.4 miles) above the Earth at speeds close to three times the speed of sound.
Jun. 15—Virgin Galactic decided to make a change in plans. The space tourism company's stock is dipping, and it has hundreds of customers who have waited over half a decade to go to space. The ...
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 ...
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 Unity 22 was a sub-orbital spaceflight of the SpaceShipTwo-class VSS Unity which launched on 11 July 2021. [1] The crew consisted of pilots David Mackay and Michael Masucci as well as passengers Sirisha Bandla , Colin Bennett, Beth Moses , and Richard Branson .
Virgin Galactic stock skyrocketed almost 20% to settle at $1.86 per share on Thursday after the commercial space travel company announced it would cut 18% of its workforce and shift focus to a new ...
Virgin Galactic bought out Scaled Composites' interest in TSC in 2012, and TSC became a wholly owned subsidiary of Virgin Galactic. [35] The launch customer of SpaceShipTwo was Virgin Galactic, who as of 2005 had publicly announced they had ordered five vehicles, [36] [37] but only three had been ordered by 2015. [38]
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.