In an interview to Bloomberg News, Virgin Group founder Sir Richard Branson supported bitcoin saying it is a functional currency.
Virgin Galactic (SPCE) now has new Chief Executive Officer and Chief Space Officer. SPCE stock is in the green.
Following the news about a new CEO, Virgin Galactic stock jumped. In the pre-market today, SPCE shares are trading nearly 1% up.
The new investment service from TransferWise will allow retail users to earn passive returns.
Virgin Galactic signed an agreement with NASA that will allow the space tourism venture to train astronauts for trips to the International Space Station. SPCE stock price is rising.
After SpaceX’s successful launch of its Dragon spaceship over the weekend, investors showed confidence in the private space exploration industry as Virgin Galactic shares rocketed northwards.
Richard Branson will sell the Virgin Galactic shares “from time to time by means of ordinary brokers’ transactions.” Credit Suisse Group AG will manage the sale.
With the global aviation industry coming under major distress, Richard Branson has reached out to the U.K. government for a loan to keep Virgin airline business afloat and ensure that the job losses are reduced. SPCE stock is down now.
Virgin Galactic Holdings (NYSE: SPCE) stock manages to continue its rise while the majority of the stocks on the market are falling. Now in teh pre-market, it has gained around 8%.
In the past three months, Virgin Galactic (SPCE) stock has climbed 310%, outperforming Tesla (TSLA) and Apple (AAPL).
S&P 500 and Nasdaq Composite, as well as Dow Jones Industrial Average index, have set new records as tech stock has jumped. Some stocks, like Virgin Galactic (SPCE), are also in green.