Tag Archives: virgin galactic

CoinspeakerVirgin Galactic to Launch First Private Tourists Space Travel Virgin Galactic has highlighted that its narrative doesn't end with the launch of the VSS Unity, but extends to the development of an even more sophisticated fleet, aptly named the Delta class. Virgin Galactic to Launch First Private Tourists Space Travel

American spaceflight company Virgin Galactic has announced preparation for a highly anticipated milestone as it prepares to launch its first spaceflight in nearly two years. This crucial flight serves as the Virgin Galactic Holdings‘ (NYSE: SPCE) final test before the company begins flying commercial passengers, marking a significant step forward in the realization of its space tourism vision. The mission called ‘Unity 25’ represents the company’s fifth space voyage and is expected to...

News of the operations halt, failed funding, and job cuts did not sit well with shareholders as Virgin Orbit saw its shares are down 50% after the announcement. Aircraft engineering company Virgin Orbit Holdings Inc (NASDAQ: VORB) has revealed plans to halt operations after failing to secure a funding lifeline as expected. The company’s CEO, Dan Hart, relayed the unfortunate news to employees on Thursday, adding that there would be a massive layoff. Before the move to halt operations,...

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NASA Marshall center claimed that they have the employee tested positive for the coronavirus. SPCE stock started falling in the premarket after a good Friday.Johns Hopkins University says the U.S. already has 3,300 or more contamination cases. Dow and S&P 500 do not show any signs of positive resolve. Nasa, Boeing, Blue Origin and Lockheed Martin have set the limit for their employees, they also cancel public events. The development of important spacecraft hardware is under attack....

Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.Following the beginning of the oil price war, crypto and stock markets have started a downward movement. Bitcoin and other cryptos’ prices rapidly dropped, the market capitalization also tanked. Stocks of tech companies have suffered as well. We have already reported on Tesla Inc...

While Tesla (TSLA) stock has fallen sharply over the last week, shares are still up 230% over the past six months. At the same time, the sales of Tesla’s vehicles in China are falling.Tesla Inc (NASDAQ: TSLA) stock dove over 12% on Thursday after it was announced that its car registrations in China almost halved in January compared with December 2019.It said:“Citing state-backed China Automotive Information Net, which gathers industry data based on insurance purchases, Bloomberg reported...

Fear, uncertainty, and doubt are causing the global community at large to panic over the potential implications of the coronavirus. The chairman of Virgin Galactic Chamath Palihapitiya believes that in the current situation it would be sensible to keep 1% of assets in Bitcoin.We were already writing numerous times how Bitcoin (together with other cryptocurrencies) is a good asset to have when things are going rough. Nowadays, we are witnessing, not just geopolitical tensions between the...

Virgin Galactic stock dropped over 7% in the pre-market after the venture published its Q4 2019 results. The company did not meet the Wall Street’s expectations.Virgin Galactic Holdings (NYSE: SPCE), a space tourism company, has long stayed the winner in the extremely unstable market conditions. But following other tech companies, it has also admitted its defeat. While the whole market was in red, Virgin Galactic stock was rising. However, the soaring lasted until the company published its Q4...

Tesla (TSLA) shares are now trading at $782.42. The stock has gained 171% in the past 12 months, and the current downfall is quite painful for the company.Amid the spreading coronavirus fears, the situation on the market is worsening, with tech giants’ shares tanking. Even Tesla Inc (NASDAQ: TSLA) stock dropped greatly. The carmaker’s shares plunged by more than $100 in just two days. As we have recently reported, Tesla (TSLA) stock plunged more than 7% on Monday, closing down 7.5% at...