Virgin Galactic shares debut as the space tourism company begins trading under the ticker SPCE

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Virgin Galactic began trading on the NYSE earlier today under $SPCE. It is the first publicly traded space tourism company.

Palihapitiya sees Virgin Galactic as "a business that has software-like margins," telling CNBC in July that he believes there is a "really compelling risk-reward" behind space tourism. UBS, in a March report, estimated that space tourismWith a price tag of $250,000 per person, Virgin Galactic plans to carry as many as six passengers in its spacecraft at a time.

"Because it's taken so long to get this far I try not to think about the fact that we're almost there because I have thought about that for a few years," Branson told CNBC earlier this month.Expanding space tourism internationally "Abu Dhabi would like us to do a spaceport there, and we're in discussions with them," Branson said. "Italy would like us to do a spaceport there. Great Britain wants us to do a spaceport. Australia talked to us about doing a spaceport."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How to be you, Sir Richard?

Our mission at is to build the social news network that ends fake news. Follow us Overlooked_Inc

“To infinity and Beyond”!

Soon will go belly up. A con stock.

Can you imagine having money invested in this when it smashes in to earth with 10 millionaires onboard. 😬

mr_jettlife

DividendRaptor lemme guess you’re buying this one too

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Virgin Galactic shares rise as the space tourism company begins trading under the ticker 'SPCE'Richard Branson's space tourism company began trading its stock publicly following its merger with Chamath Palihapitiya's venture ...... How will Virgin Galactic space tourism trips impact our atmosphere, air greatweet Virgin Galactic began trading on the NYSE today under SPCE... begin/began/begun They're everywhere and the book is yours!😀😀😀😀😀 esl ingles english ielts toefl toeic books kindle
Source: CNBC - 🏆 12. / 72 Read more »

You Can Now Buy Stock In Richard Branson’s Space Tourism Company Virgin GalacticRichard Branson's Virgin Galactic is the first space tourism company to publicly trade on a stock exchange. Honestly that craft looks absolutely unreal 😍😍 I can see those shares doing well, worth a punt He has been saying since 2009, I wonder which will be the first, the new Berlin airport opening or space trip
Source: Forbes - 🏆 394. / 53 Read more »