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On the bottom line, Virgin Galactic lost $72.7 million -- $2.66 per share -- despite growing its share count dramatically, and spreading its losses out among 49% more shares than it had a year ago.
Jun. 15—Virgin Galactic decided to make a change in plans. The space tourism company's stock is dipping, and it has hundreds of customers who have waited over half a decade to go to space. The ...
Virgin Galactic (NYSE: SPCE) is out of the space tourism business -- at least for a while. On Saturday, June 8, Virgin Galactic's "Galactic 07" mission successfully took off, briefly visited space ...
Virgin Galactic was founded in 2004 by British entrepreneur Sir Richard Branson, who had previously founded the Virgin Group and the Virgin Atlantic airline, and who had a long personal history of balloon and surface record-breaking activities. As part of Branson's promotion of the firm, he has added a variation of the Virgin Galactic livery to ...
Virgin Galactic Unity 25 was a sub-orbital spaceflight by Virgin Galactic that took place on 25 May 2023. The flight used their SpaceShipTwo spaceplane VSS Unity. The crew consisted of six Virgin Galactic employees. Unity 25 was the first spaceflight for the company since Unity 22 in 2021, when founder Richard Branson flew to space. [1]
The flight, called Galactic 06, launched on January 26 and marked Virgin Galactic’s first space tourism mission of the year after entering commercial service in 2023.
Galactic 07 was a crewed sub-orbital spaceflight of the SpaceShipTwo-class VSS Unity, which launched on 8 June 2024.It was the final launch of Unity. [4] [5]It was the seventh commercial spaceflight and twelfth overall spaceflight for American aerospace company Virgin Galactic.
Nov. 8—Virgin Galactic announced Wednesday it would be scaling back and then pausing flights to space next year from Spaceport America and that the company instead will funnel resources into ...