In an interview to Bloomberg News, Virgin Group founder Sir Richard Branson supported bitcoin saying it is a functional currency.
Virgin Galactic puts a major focus on the future of supersonic aircraft travel as it unveils a new high-speed Mach 3 design concept in partnership with Rolls-Royce. SPCE stock is down today in the pre-market.
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.
Virgin Galactic (SPCE) stock continues growing as the company is getting closer to the commercial spaceflights. Now they are conducting gliding tests to gather data about systems and performance.
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.
Elon Musk’s SpaceX astronaut launch has opened doors of opportunity to investors in space exploration. Meanwhile, Tesla (TSLA) stock is in the green today.
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.
Virgin Galactic chairman Chamath Palihapitiya raised $720 million for a new blank-check firm. It is 20% more than it was expected earlier.
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 (SPCE) stock jumped 23% on Tuesday after the headlines that Virgin Orbit had won a government contract. Virgin Orbit is privately owned by Sir Richard Branson, different from the publicly traded Virgin Galactic.