virgin group
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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…
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Hyperloop One Is Proud To Announce Its Virginity
High-speed transportation company Hyperloop One, which landed $US85 million in additional funding last month, revealed today that it has gained a new board member in business magnate Richard Branson, whose Virgin group was secretly responsible for an unnamed portion of that funding. The company will rebrand as Virgin Hyperloop One.