Virgin Galactic seeks to raise money

November 6, 2024

Virgin Galactic seeks to raise moneyVirgin Galactic is proposing to raise $300 million in additional capital to accelerate production of suborbital spaceplanes and a mothership aircraft the company says can fuel its long-term growth. Virgin Galactic Holdings, Inc. is a British-American spaceflight company
Headquartered in California, and operates from New Mexico
Photo: VMS Eve, Virgin Galactic's mothership aircraft used by its suborbital spaceplanes. The company is looking to raise $300 million that will mostly be used to develop a second mothership plane. Credit: Virgin Galactic
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