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Virgin Galactic Holdings Says May Issue Up To 31.0 Mln Shares Of Common Stock- SEC Filing
Virgin Galactic Announces Third Quarter Results
Chamath Palihapitiya Reports 16.6% Stake In Virgin Galactic Holdings Inc
Virgin Galactic Holdings, Inc., formerly Social Capital Hedosophia Holdings Corp., is an aerospace company that provides human spaceflight for private individuals and researchers. The Company is focused on developing a spaceflight system to offer customers a multi-day experience culminating in a spaceflight that includes several minutes of weightlessness and views of earth from space. Through its aerospace development subsidiary, The Spaceship Company, LLC, the Company manufactures its space vehicles in Mojave, California. Its spaceflight system consists of three primary components: its carrier aircraft, WhiteKnightTwo; its spaceship, SpaceShipTwo, and its hybrid rocket motor. SpaceShipTwo is a spaceship with the capacity to carry pilots and customers or payloads, into space and return them to earth.WhiteKnightTwo is a twin-fuselage aircraft designed to carry SpaceShipTwo up to an altitude of approximately 45,000 feet where the spaceship is released for its flight into space.
Aerospace & Defense
166 N Roadrunner Pkwy Ste 1C
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The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
Richard Branson-backed Virgin Galactic Holdings Inc <SPCE.N> fetched a valuation of around $2.3 billion on its market debut on Monday, after shares in the first publicly traded space tourism company popped before fizzling out.
Richard Branson-backed Virgin Galactic Holdings Inc started trading on the New York Stock Exchange on Monday, becoming the first space tourism company to hit public markets.
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