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  • Virgin Galactic Hits Financial Turbulence as Richard Branson Halts Funding

    Virgin Galactic Hits Financial Turbulence as Richard Branson Halts Funding

    Following Richard Branson’s announcement of halting further financial contributions, the stock price of Virgin Galactic experienced a significant drop of over 17% by Monday’s close. This latest complication adds to a series of challenges the company has faced, including recent layoffs and a suspension of commercial flights. Speaking to the Financial Times, Virgin Galactic’s founder…