Correction, Oct. 16, 2024: This story originally stated a team from Virgin Galactic traveled to an altitude of about 53 miles and crossed the Kármán line. That has been clarified, as the team did not ...
Virgin Galactic reported a net loss of $84 million for the January-March quarter, an improvement from last year’s $102 million loss. The company’s shares surged by 48 percent today in response to the ...
Virgin Galactic is an aerospace and space travel company that is part of British billionaire Richard Branson's Virgin Group conglomerate. Virgin Galactic's first of seven commercial spaceflights ...
Virgin Galactic faces a bleak future due to its dwindling cash reserves, limited market capitalization, and uncertain path to profitability. While the introduction of Delta Class ships could help the ...
On Saturday, the VSS Unity space plane made its final flight, carrying four passengers to an altitude of 54.4 miles (87.5 km) above the New Mexico desert. The spacecraft will now be retired after just ...
Virgin Galactic's Richard Branson said during a "Today" show interview that he's not competing with Jeff Bezos' Blue Origin to get to space first.
Virgin Galactic's declining market capitalization is undermining its ability to raise capital. This is important because of its high cash burn and declining cash balance. Meaningful revenue is likely ...
Virgin Galactic‘s newest spacecraft is set to become a reality next year. Founded by Richard Branson in 2004, the space company confirmed plans to Bloomberg of their first flight to space set for 2026 ...
Virgin Galactic remains a high-risk, speculative stock with unsustainable cash burn and no meaningful revenue expected for at least 12 months. The company faces likely shareholder dilution or debt ...
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