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space voyage

Virgin Galactic’s shares soared due to company’s plans to send tourists into space

5 mins read

The FINANCIAL — Virgin Galactic Holdings Inc. shares surged on Tuesday. Company is one step closer to eventually launching paying passengers into space. Virgin Galactic has over 600 reservations and $80 million in deposits for 90 minute flights. Also, SpaceX announced plans to send up to four private citizens on an orbital voyage. Shares of Richard Branson’s Virgin Galactic soared more than 20% at one point Tuesday, putting the private space company on track for a seven-day winning streak. Shares of Virgin Galactic have now skyrocketed nearly 200% since the company went public last October through a merger with a so-called…

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Virgin Galactic’s shares soared due to company’s plans to send tourists into space

5 mins read

The FINANCIAL — Virgin Galactic Holdings Inc. shares surged on Tuesday. Company is one step closer to eventually launching paying passengers into space. Virgin Galactic has over 600 reservations and $80 million in deposits for 90 minute flights. Also, SpaceX announced plans to send up to four private citizens on an orbital voyage. Shares of Richard…