Virgin Galactic Surprises Shareholders with $400M Sale
VSS Unity
Credit: Virgin Galactic/Mark Greenberg
Virgin Galactic, which later this month could finally start revenue-generating suborbital spaceflights after yearslong delays, shocked shareholders on June 23 with the revelation that it will raise $400 million gross through the sale of stock. The announcement, made in a U.S. regulatory filing late...
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