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-0.000712727272727162 0 0.00068363636363645 -0.00290909090909085 -0.00945454545454538 -0.00872727272727267 -0.00872727272727267 -0.0167272727272726
Stock impact report

Virgin Galactic delays commercial spaceflights again [FOX Business Network]

Virgin Galactic Holdings, Inc. (SPCE) 
Billionaire Richard Branson's aerospace company Virgin Galactic announced on Thursday the third delay in its plans to begin offering commercial space flights, sending shares of the aerospace giant tumbling. Sir Richard Branson's aerospace company Virgin Galactic has pushed back its plans for offering space tourism for a third time. (Photo by Patrick T. Fallon/AFP via Getty Images | Virgin galactic) "While our short-term plans now call for commercial service to launch in the second quarter of 2023, progress on our future fleet continues and many of the key elements of our roadmap are now in place to scale the business in a meaningful way," Virgin Galactic CEO Michael Colglazier said in a statement released alongside the company's second-quarter earnings results. VIRGIN GALACTIC SIGNS LEASE FOR ARIZONA MANUFACTURING FACILITY During Friday's trading session, Virgin Galactic shares fell more than 15% on the news. Virgin Galactic issued a third delay this week in its plans to of Show less Read more
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