virgin galactic holdings inc.
Feb 22, 2024, 3:59 PM EDT
Virgin Galactic announced it is laying off an undisclosed number of employees in order to cut costs, saying high interest rates impacted the decision.
Virgin Galactic unveiled the identifies of the three individuals that the space company will carry on its Galactic 02 mission next month: Keisha Schahaff, Anastatia Mayers and Jon Goodwin.
Virgin Galactic's suborbital flight will feature three crew members from Italy and is expected to launch on Thursday morning. The company completed its final test flight last month.
Richard Branson reflected on his friendship with fellow billionaire and space entrepreneur, saying the SpaceX CEO once surprised him at his house in the middle of the night.
Billionaire Richard Branson is releasing a docuseries with HBO detailing his life. "Branson" will be available for streaming on Thursday, and highlights the Virgin Group founder's upbringing.
Shares of Richard Branson's Virgin Galactic have tumbled after the aerospace giant's stock was downgraded from a buy to a hold rating by Truist Securities analyst Michale Ciarmoli.
Virgin Galactic's commercial spaceflights will launch from New Mexico's Spaceport America in the fourth quarter of 2022. A single seat will cost $450,000, with an initial deposit of $150,000.
Apparently, space travel is a popular desire among nearly half of American adults.
Virgin Galactic Holdings Inc. said it is pushing back the launch of full commercial service for private-astronaut trips until toward the end of next year as it works to improve its space vehicles.
The FAA is overseeing an investigation into Richard Branson's flight to space that went off course.