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2 mins read
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  Â
1 min read
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  Â
1 min read
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  Â
1 min read
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 MozĂ©e  Â
2 mins read
Chamath Palihapitiya and Richard Branson are being sued over allegedly covering up flaws in Virgin Galactic's spaceships and pocketing millions by dumping shares
Palihapitiya and Branson took advantage of an "artificially inflated" stock price while knowing Vir…
Shalini Nagarajan  Â
1 min read
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  Â
1 min read
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  Â
1 min read
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  Â
1 min read
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 MozĂ©e  Â
2 mins read
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  Â
1 min read
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  Â
2 mins read
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  Â
1 min read
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  Â
1 min read
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  Â
1 min read
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  Â
2 mins read
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  Â
2 mins read
Virgin Galactic tumbles 12% after delaying Saturday's space flight due to 'technical checks'
Virgin Galactic said it needs more time for technical checks ahead of its space flight test that wa…
Emily Graffeo  Â
2 mins read
Virgin Galactic erases early gains and dives 11% as investors secure profits from test-flight rally
Virgin Galactic's rocket-powered test flight in December failed after faulty computer connections f…
Ben Winck  Â
2 mins read
Meme-stock purchases by day traders dropped 28% last week with investors 'falling out of love' with those shares, new data shows
"In most speculative trades, a few unsuccessful attempts to buy dips are followed by a rush to the …
Carla MozĂ©e  Â
2 mins read
Virgin Galactic falls 17% after aborting key flight test as rocket engine fails to ignite
Shares of Virgin Galactic tumbled after the spacecraft company's first manned test flight on Saturd…