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Technology 12 Jul 2021 | 10:11 PM

Virgin Galactic files for $500 million stock sale, shares tumble

(Reuters) -Virgin Galactic Holdings Inc on Monday filed to sell up to $500 million in common stock, a day after the company completed its first fully crewed test flight into space with billionaire founder Richard Branson on board.

Technology 11 Jul 2021 | 3:07 PM

Billionaire Branson soars to space aboard Virgin Galactic flight

TRUTH OR CONSEQUENCES, N.M. (Reuters) -British billionaire Richard Branson on Sunday soared more than 50 miles above the New Mexico desert aboard his Virgin Galactic rocket plane and safely returned in the vehicle's first fully crewed test flight to space, a symbolic milestone for a venture he started 17 years ago.