Hedge funds and other investors are convinced Virgin Galactic Holdings will establish a new space-tourism industry and fly people at hypersonic speeds.
The first sign of trouble was the ever-extended launch date.
Meanwhile, Virgin Galactic is preparing to resume ticket sales for future space flights, in an effort to assure investors that affluent customers will pile in as the company edges toward commercial service. Virgin Galactic will begin taking $1,000 refundable deposits Wednesday, which will put those customers first in line for booking reservations.
The next round of reservations is expected to cost more than the previous tranche, based on demand, company officials have said. Those sums are largely refundable until a flight date is assigned. The stock surge has proved a huge financial win for Boeing Co., which invested $20 million in October ahead of the IPO for a minority stake. The money, invested through Boeing’s HorizonX Ventures unit, is aimed at furthering research into hypersonic travel, a key area of interest for the aerospace giant.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Virgin Galactic Plans to Resume Space-Tourism SalesVirgin Galactic Holdings still plans to make its first commercial space-tourism flight this year and took a step toward resuming ticket sales for jaunts expected to cost upward of $250,000.
Les mer »
In first public results, Branson's Virgin Galactic posts $73 million quarterly lossBillionaire Richard Branson's space tourism company, Virgin Galactic Holdin...
Les mer »
Virgin Galactic’s Fourth-Quarter Earnings Missed Expectations As It Highlights Its Momentum Toward LaunchVirgin Galactic posted lower than expected revenues but highlights its progress towards its first spaceflights for customers.
Les mer »
Virgin Galactic Plans to Resume Space-Tourism SalesVirgin Galactic Holdings still plans to make its first commercial space-tourism flight this year and took a step toward resuming ticket sales for jaunts expected to cost upward of $250,000.
Les mer »
In first public results, Branson's Virgin Galactic posts $73 million quarterly lossBillionaire Richard Branson's space tourism company, Virgin Galactic Holdin...
Les mer »
Virgin Galactic’s Fourth-Quarter Earnings Missed Expectations As It Highlights Its Momentum Toward LaunchVirgin Galactic posted lower than expected revenues but highlights its progress towards its first spaceflights for customers.
Les mer »