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Virgin Galactic surges 47% as Richard Branson's space tourism company preps first commercial flight

After years of delays, Virgin Galactic said the first flight will take place on June 27, with anoth…

Max Adams   


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Shalini Nagarajan   


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Billionaire Chamath Palihapitiya, who helped take Virgin Galactic public via a SPAC, has stepped down as the spaceship company's chairman

Palihapitiya said he's leaving Virgin to "focus on other existing and upcoming public board respons…

Shalini Nagarajan   


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Virgin Galactic soars after FAA says company can resume flights following mishap probe

The FAA found that Virgin Galactic's aircraft deviated from its original course and failed to commu…

Isabelle Lee   


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Virgin Galactic slips after the FAA says the company is grounded pending an investigation into a mishap during Branson's trip to space

"Virgin Galactic may not return the SpaceShipTwo vehicle to flight until the FAA approves the final…

Isabelle Lee   


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Virgin Galactic could climb 33% as demand for commercial space travel accelerates, says Jefferies

Virgin Galactic has an early-mover advantage in the space tourism market, said Jefferies which init…

Carla Mozée   


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Virgin Galactic soars 12% after company reports smaller-than-expected loss and stays on track for commercial space flights in the 4th-quarter

Last week, the company began selling $450,000 tickets to launch customers into space for 90 minutes.

Natasha Dailey   


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US stocks trade mixed as investors weigh conflicting signals on Russia-Ukraine crisis

Russia's foreign minister agreed to meet with his US counterpart next week, while US officials warn…

Jason Ma   


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Virgin Galactic skyrockets 30% after announcing it will begin selling tickets for flights to space

Virgin Galactic stock surged after the company announced it will sell spaceflight tickets to the ge…

Phil Rosen   


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Virgin Galactic drops 8% after rival Blue Origin launches Jeff Bezos into space at higher altitude

The Tuesday launch came a few days after Virgin Galactic launched its founder Richard Branson 53 mi…

Matthew Fox   


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Virgin Galactic soars 18% after Richard Branson said he aims to reach space 9 days before Amazon boss Jeff Bezos

Branson will be joined by five other crew-mates on the winged rocket-ship, including three mission …

Shalini Nagarajan   


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Virgin Galactic sinks 17% after the space tourism company announces plan to raise up to $500 million in debt

The stock traded around its lowest since March 2020, with the plan to raise convertible debt stokin…

Carla Mozée   


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Virgin Galactic spikes 40% after it receives FAA approval to fly customers to space

Virgin Galactic has more than 600 "astronauts" waiting in line to briefly visit space, paying a pri…

Matthew Fox   


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Virgin Galactic stock-price target slashed 39% by Bank of America as analysts expect delays in commercial space flight timeline

BofA analysts cited delays in the Virgin Galactic's commercial space flight schedule and a lack of …

Emily Graffeo   


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UBS downgrades Virgin Galactic as the bank says nearly 200% rally leaves no upside left for the stock

Most optimism around Virgin Galactic's space flight business is already reflected in the current st…

Emily Graffeo   


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Virgin Galactic jumps 25% after it sets Unity test flight for this Saturday

Previous test flight delays have have pushed the company's commercial service launch to at least 20…

Matthew Fox   


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Virgin Galactic plummets 21% after 1st-quarter earnings reveal uncertain flight schedule

Shares of Virgin Galactic are down 77% from its February high of about $62, and since then insider …

Matthew Fox   


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Virgin Galactic falls 9% after founder Richard Branson unloads $150 million stake in the company

Despite the share sale, Branson remains the largest shareholder of the spaceflight company, owning …

Matthew Fox   


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3 mins read

Chamath Palihapitiya's 4 blockbuster SPAC mergers have tumbled 32% this year as investors ditch flashy growth stocks

Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billion…

Harry Robertson   


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Chamath Palihapitiya-backed Virgin Galactic extends 2-day rally to 21% amid heightened social-media chatter around its upcoming rocket launch

The launch was originally scheduled for February but was delayed because of issues with electromagn…

Natasha Dailey