-
Richard Branson's Spaceflight Startup Virgin Galactic Sees Stock Surge After Narrowing Q3 Losses, Announces $300M Stock Sale
Thursday, November 7, 2024 - 5:58am | 462Virgin Galactic Holdings Inc. (NYSE:SPCE) shares closed up 3.5% on Wednesday after the company reported a net loss of $75 million for the third quarter, lower than the $105 million net loss reported in the corresponding period last year owing to lower operating expenses. What Happened: Branson...
-
Virgin Galactic 'On Track' To Launch Commercial Space Service In Q2
Wednesday, March 1, 2023 - 6:43am | 390Space travel company Virgin Galactic Holdings Inc. (NYSE:SPCE), on Tuesday, said its commercial service launch remains on track for the second quarter of 2023. What Happened: The aerospace company, founded by billionaire Richard Branson, suspended flights of spaceplane VSS Unity and...