Space

in #space5 years ago

Here we go! Space, the next frontier...

Richard Branson’s Space Unit to Go Public

Virgin Galactic, Richard Branson’s space-tourism venture, is preparing for liftoff as a publicly traded company.

Social Capital Hedosophia Holdings, a special-purpose acquisition company, is planning to invest roughly $800 million in Virgin Galactic for a 49% stake, according to people familiar with the matter. As part of the deal, Virgin Galactic later this year would become the first publicly listed human spaceflight company.

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