Similar Stories to No Further Investments In Virgin Galactic, Says Richard Branson on Bing News

Virgin Galactic founder Richard Branson. (credit: Eric Berger) Sir Richard Branson has ruled out putting more money into his lossmaking space travel company Virgin Galactic, saying his business empire “does not have the deepest pockets” any more. Virgin Galactic, which was founded by Branson in 2004, last month announced it was cutting jobs and suspending commercial flights for 18 months from next year, in a bid to preserve cash for the development of a larger plane that could carry passengers to the edge of space. The group has said it has enough funding to carry it through to 2026, when the bigger Delta vehicle is expected to enter service.

Topics:  eric berger    sir richard   delta   comments   virgin galactic   richard   branson   galactic   carry   space   money   
BING NEWS:
  • Richard Branson to co-pilot space balloon’s first crewed flight to edge of Earth’s atmosphere at 125K a seat
    Sir Richard Branson will co-pilot a hydrogen “space balloon” that will float a small group of high-paying passengers higher into the stratosphere than any commercial balloon has gone before — with the ...
    10/17/2024 - 12:48 pm | View Link
  • Richard Branson will co-pilot Space Perspective's 1st crewed balloon flight to edge of Earth's atmosphere
    Virgin Galactic founder Richard Branson will serve as co-pilot on tourism company Space Perspective's first crewed balloon flight, expected to occur in 2025.
    10/17/2024 - 10:11 am | View Link
  • ‘Virgin River’ Season 6 Teaser Reveals First Look At Jack & Mel’s Wedding
    Grab your tissues. We’re getting the first look at the highly anticipated upcoming wedding for Jack (Martin Henderson) and Mel (Alexandra Breckenridge) in Season 6 of Netflix’s Virgin River, and it ...
    10/17/2024 - 9:54 am | View Link
  • When Is Virgin Galactic’s Next Launch?
    Virgin Galactic has been making steady progress in commercial and private spaceflight. Here's an update on its progress and when you can expect the next flight.
    10/16/2024 - 5:57 am | View Link
  • Inside Virgin Galactic's Private Space Club
    While you were sleeping, people just like you have actually begun to travel into space. We were invited behind Virgin Galactic’s velvet rope to meet them.
    10/2/2024 - 12:16 am | View Link
  • More

 

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