Richard Branson reflected on his friendship with fellow billionaire and space entrepreneur, saying the SpaceX CEO once surprised him at his house in the middle of the night.
Virgin Galactic announced Thursday the aerospace company is pushing back its plans for commercial space flight once again, sending its stock tumbling.
The facility, which will be capable of producing up to six of the company's Delta-class spaceships per year, is expected to be fully operational by late 2023.
Sir Richard Branson's Virgin Orbit successfully conducted a mission Friday night in which the company launched a series of satellites for the U.S. Defense Department.
Billionaire Elon Musk's SpaceX will likely become the most valuable U.S. startup as its valuation rose to over $125 billion in an ongoing share sale in the secondary market, sources close to the company's valuation told Reuters.
Shares of Richard Branson's Virgin Galactic have tumbled after the aerospace giant's stock was downgraded from a buy to a hold rating by Truist Securities analyst Michale Ciarmoli.
Richard Branson's Virgin Galactic is losing a key board member.
Virgin Galactic's commercial spaceflights will launch from New Mexico's Spaceport America in the fourth quarter of 2022. A single seat will cost $450,000, with an initial deposit of $150,000.
Blue Origin founder Jeff Bezos, Virgin Galactic founder Richard Branson and actor William Shatner are among the Commercial Space Astronaut Wings program's recipients.
Richard Branson's Virgin Galactic has sold approximately 100 seats for its future commercial spaceflights at $450,000 apiece, bringing its total reservations to date to 700.
Apparently, space travel is a popular desire among nearly half of American adults.
Shares of Richard Branson's Virgin Galactic plunged as much as 20% in pre-market trading Friday after the aerospace company announced schedule changes that will delay its commercial spaceflights until the fourth quarter of 2022.
Virgin Galactic Holdings Inc. said it is pushing back the launch of full commercial service for private-astronaut trips until toward the end of next year as it works to improve its space vehicles.
Following the investigation's findings, the FAA required Virgin Galactic to implement changes to how it communicates to the agency during flight operations. Virgin Galactic has also updated its calculations to expand the protected airspace for future flights to ensure "ample protected airspace for a variety of possible flight trajectories during spaceflight missions."
Virgin Galactic said Wednesday that the Federal Aviation Administration has cleared it to resume launches after an investigation into why its spaceship veered off course while descending during a July flight with founder Richard Branson aboard.
Apple co-founder Steve Wozniak announced the creation of a new private space company "unlike the others."
Virgin Galactic is refuting the contents of a September 1 report that claims that the company's historic July 11 suborbital spaceflight could have been close to a "perilous emergency landing."
The FAA is overseeing an investigation into Richard Branson's flight to space that went off course.
The July 11 flight saw Branson and Virgin Galactic employees fly more than 53 miles above the Earth to the edge of space aboard the company’s SpaceShipTwo before landing at the company’s Spaceport America in New Mexico.
Morgan Stanley turns cautious on Virgin Galactic’s stock. Here’s why.