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The Richard Branson-founded aerospace firm said it laid off 7% of its workforce, and it's pushing back its return to private space tourism from summer to fall 2026.
Virgin Galactic stock price has gone parabolic in the past few weeks as investors bought the dip as signs of meme mania ...
Virgin Galactic rocketed to the edge of space with its first tourists on Thursday, including a former British Olympian who bought his ticket 18 years ago and a mother-daughter duo from the Caribbean.
Virgin Galactic paused tourism operations in June 2024 to focus on developing its upgraded Delta spacecraft. Shares of Virgin Galactic, which have slumped to under $5, rose about 13% in postmarket ...
Virgin Galactic today revealed a new partnership with NASA, in pursuit of the goal of developing a high-speed vehicle for point-to-point travel across Earth. NASA has been pursuing development of high ...
Virgin Galactic has reached space five times since 2018 and will be aiming for 400 flights per year from Spaceport America once it finishes building its next class of rocket-powered planes at a ...
Virgin Galactic has said it has already booked a backlog of some 800 customers, charging most from $250,000 to $450,000 per seat, and envisions eventually building a large enough fleet to ...
This "Galactic 07" flight, which is scheduled to take off as early as June 8, will mark the company's 12th trip to space, and its seventh revenue-generating flight since Virgin Galactic first ...
Virgin Galactic doesn't expect to be cash flow positive until it launches its second-generation spacecraft. That won't happen until at least 2026, which is a long way away.
That’s partly corporate speak—Virgin Galactic’s preferred term for customers who pay upward of US$450,000 for tickets to the edge of space. But coming from Janjua, the phrase sounds believable.
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