Amateur astronauts, private space stations, flying factories, out-of-this-world movie sets — this is the future the space agency is striving to shape as it eases out of low-Earth orbit and aims for the moon and Mars.
Richard Branson is free to sell a nearly $1 billion stake in Virgin Galactic, half his stake in the aerospace company he founded.
More than 400 people have put down deposits for Virgin Galactic’s future spaceflights, representing more than $100 million in potential future business.
One of Britain’s best-known billionaires by putting his Virgin brand on an array of businesses, including planes and trains, cola and bridal gowns, often taking an equity stake and licensing fees in exchange. Several of his biggest forays are focused on travel and tourism. Amid the new coronavirus pandemic, he now finds himself at the epicenter of the meltdown in those industries.
The contract was awarded to VOX Space, a subsidiary of Virgin Orbit that conducts satellite launches for U.S. military and national security branches.
Richard Branson's company Virgin Orbit is producing ventilators to address the coronavirus pandemic.
The first round of seats went for about $250,000 per person.
Virgin Galactic shares are up more than 80 percent during their eight-day winning streak.
The S&P 500, Nasdaq hit fresh records.
Space travel company says it took "major steps forward in the Company's mission to open space for everyone."
Sir Richard Branson compares space travel costs to crossing the Atlantic 100 years ago.
Virgin Galactic is the first publicly traded space-tourism company.
'There is something about this that captured the public's imagination, and it is different than everything else.'
Would you go to space for $250,000?
Virgin Group founder Richard Branson announced in a blog post Monday that Virgin Holidays will stop selling tickets and promote attractions that “involve captive cetaceans, such as whales and dolphins.”
Richard Branson is concerned a no-deal Brexit could hurt the value of the British pound and drop it to the same value as the dollar for the first time ever.
Billionaire Richard Branson’s space tourism venture, Virgin Galactic, announced Tuesday it will be merging with Social Capital Hedosphia (SCH).
Even though Richard Branson is pretty wealthy, he reportedly likes to stick to the basics when it comes to his wardrobe.