Virgin Galactic shared an awe-inspiring video from the final flight of its VSS Unity spaceplane. The space plane’s final commercial mission, called Galactic 07, took off from Spaceport America in southern New Mexico at 10:31 a.m. EDT (1431 GMT) on June 8. The suborbital flight carried a Turkish researcher and three private astronauts to an […]
Tag: Galactics
Why Virgin Galactic’s Reverse Stock Split Went Splat
Well, it seems I was too optimistic. Writing up Virgin Galactic‘s (NYSE: SPCE) 1-for-20 reverse share split announcement last week, I explained that by gluing together 20 ordinary shares into a kind of “mega-share,” the company would transform its apparent share price from $0.74 (Thursday) into a new share price of $14.80 (today). Instead, Virgin […]