Virgin Atlantic is in Dire Straits. What Does That Mean for Virgin Galactic? [The Motley Fool]
Virgin Galactic Holdings, Inc. (SPCE)
Company Research
Source: The Motley Fool
Virgin Atlantic, the UK-based airline thatBritish billionaire Sir Richard BransonBut what will that mean forVirgin Galactic(NYSE:SPCEImage source:A "devastating ... pandemic" and "unprecedented crisis" have grounded most of Virgin Atlantic's airplanes and starved the company of cash flow. The billionaire doesn't have the cash to save it, either -- his $.8 billion net worth is tied up in "the value of Virgin businesses around the world."Branson's partner in owning Virgin Atlantic,Delta AirlinesNYSE:DAL$00 million a dayAnd when Branson approached the government of the United Kingdom seeking a $60 million commercial loan to help keep Virgin Atlantic afloat, the government demurred.Against the ropes and with the clock running out, Branson offered tomortgage his own private Caribbean islandGuardiangoing bustWill bad news for Virgin Atlantic be even worse for Virgin Galactic?All of this bad news for Virgin Atlantic bled over to Branson's other famous "air"-line this week. On Tuesday, shares
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SPCE
News
- Joan Branson, wife of British billionaire Richard Branson, dies at 80 [CNN]CNN
- Joan Branson, wife of British billionaire Richard Branson, dies at 80 [CNN]CNN
- Joan Branson, wife of British billionaire Richard Branson, dies at 80 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Billionaire Richard Branson mourns his wife and partner of 50 years, Joan: ‘She was my best friend, my rock, my guiding light, my world' [Fortune]Fortune
- Richard Branson confirms death of wife Joan: 'My best friend, my rock' [FOX Business Network]FOX Business Network
SPCE
Earnings
- 11/13/25 - Beat
SPCE
Sec Filings
- 10/22/25 - Form 4
- 10/8/25 - Form 4
- 10/8/25 - Form 4
- SPCE's page on the SEC website