Virgin Galactic on Wednesday said it has entered into a sales agreement to sell shares of its common stock to boost the development of its next-generation spaceflight fleet, which is expected to take ...
Virgin Galactic is proposing to raise $300 million in additional capital to accelerate production of suborbital spaceplanes and a mothership aircraft the company says can fuel its long-term growth.
(Bloomberg) -- VirginGalactic Holdings Inc. declined after it reported third-quarter revenue short of expectations and a share issuance of as much as $300 million to pay for a new space tourism ...