Virgin Galactic (SPCE) stock soared 19% Thursday following an earnings report with lower-than-expected losses and a Tuesday announcement that the company will lay off a number of employees. Shares of ...

The Federal Aviation Administration (FAA) has completed its inquiry into Virgin Galactic’s VSS Unity July space flight. Virgin Galactic is free to blast off again. Agency officials and the space ...

Shares of Virgin Galactic, the space tourism venture founded by Richard Branson, are plunging after the British billionaire said he has no plans to invest more money in the company as he says it has ...

In just a little under one week, Virgin Galactic (NYSE: SPCE) will launch a spaceplane carrying two crew and four paying customers to the edge of space. This "Galactic 07" flight, which is scheduled ...

Richard Branson's company launched its commercial flights earlier this year, but it doesn't expect to turn a profit until the debut of its Delta class vehicles. reading time 2 minutes In an effort to ...

Virgin Galactic just got some bad news from its famous founder. Richard Branson told the Financial Times that he will no longer invest money into the space tourism company he founded in 2004. The ...

Virgin Galactic (NYSE: SPCE) announced major changes to its strategy last week, including layoffs that will reduce spending on the existing spacecraft. The hope is that going all in on the Delta ...

This article was published Nov. 10 by Source New Mexico. Virgin Galactic announced 185 employee layoffs and that the company will “take a pause” for near-space tourism flights from Spaceport America ...

Virgin Galactic has laid off 185 employees, which represented about 18% of its workforce. The space-tourism company is focusing on building spaceships that can carry six passengers. It's due to open a ...