Richard Branson

Tesla Inc (NASDAQ: TSLA), SpaceX CEO Elon Musk Blue Origin CEO Bob Smith took digs at Sir Richard Branson, the founder of Virgin Galactic Holdings Inc (NYSE: SPCE) Thursday over his upcoming space flight. What Happened: Branson is due to board a test flight of Virgin Galactic’s...

These three stocks are seeing high interest across social media early Friday.  Virgin Galactic Holdings Inc (NYSE: SPCE): The spaceflight company that aims to take tourists to space claims to be “opening space for good.” The company’s billionaire founder Sir Richard...

Amazon.com, Inc (NASDAQ: AMZN) founder, Jeff Bezos' Blue Origin, held a live auction on Saturday for a seat on its first spaceflight trip next month. The live auction began at 1 p.m. EDT and lasted a few minutes. The bidding began at $4.8 million. The winning bid was that of $28...

Sir Richard Branson is one of the most well-known figures in the world. He is the founder of Virgin Group, which has included operations in music, phones, hotels, cruises and even space operations through Virgin Galactic (NYSE: SPCE). He has also launched the SPACs VG Acquisition Corp (NYSE: VGAC)...

British billionaire Sir Richard Branson sold nearly $150 million worth shares of his space tourism company Virgin Galactic Holdings Inc (NYSE: SPCE) over the course of three days, as per a regulatory filing. What Happened: Branson sold a total of 5,584,000 shares at an average price of $26.818...

One of the largest SPACs seeking a target could be nearing a $20 billion deal to bring one of the largest privately-held biotechnology companies public. The SPAC Rumor: Bloomberg reports Ginkgo Bioworks is in talks with Soaring Eagle Acquisition Corp (NASDAQ: SRNGU), a SPAC led by Harry Sloan and...

Famed investor and ETF manager Cathie Wood joined Scott Wapner and Bob Pisani on the “Halftime Report” on CNBC Wednesday to share opinions on some holdings across her funds. Wood On Tesla: Wood has been a notable bull on Tesla Inc (NASDAQ: TSLA) and it remains the largest holding in the...

Personalized DNA testing company 23andMe is going public with a SPAC deal announced Thursday. The SPAC Deal: 23andMe is going public with VG Acquisition Corp (NYSE: VGAC), a SPAC from Virgin Group. The deal values 23andMe at $3.5 billion. A $250-million PIPE includes $25-million investments from...

A test flight of the VSS Unity from Virgin Galactic Holdings (NYSE: SPCE) returned home early after an ignition failure on Saturday. The onboard computer lost connection, which the company said triggered a fail-safe scenario that intentionally halted ignition of the rocket motor. This method is...

Shares of Kensington Capital Acquisition Corp (NYSE: KCAC) are trading higher by over 30% Friday. The move comes the day after the company announced a date of Nov. 25 to vote on the pending merger with battery company QuantumScape. Why It’s Important: QuantumScape is backed by Bill Gates and...

Virgin Galactic is one of the pure play stocks in the space tourism industry. Since going public via a special purpose acquisition company in 2019, the company has attracted interest from investors and analysts.  The Virgin Galactic Analyst: Goldman Sachs analyst Noah Poponak initiated...

The SPAC market continues to heat up with new names and backers entering the mix every week. A record eight SPACs were expected to price on Friday, raising potentially over $3.25 billion in the process. The 8 SPACs: All eight SPACs were expected to price at $10. The sale of the SPACs starts as...

Bank of America is out with a guide to the commercial space market and the major companies involved. The Space Market: Bank of America’s Ronald J. Epstein believes the commercial space market will hit $1.4 trillion by 2030. Epstein cites increased defense spending, growth in satellites, space...

Virgin Group is one of the latest large corporations launching a SPAC. VG Acquisition Corp (NYSE: VGAC) comes from Virgin Group and its founder Richard Branson. Current Virgin Group CEO Josh Bayliss will serve as the CEO of VG Acquisition Corp. The Offering: Credit Suisse is underwriting this...

QuantumScape, a solid-state battery maker backed by Bill Gates and Volkswagen AG (OTC: VWAGY), is going public via SPAC Kensington Capital Acquisition (NYSE: KCAC). About QuantumScape: QuantumScape is a 10-year-old battery maker, spun out from Stanford University. The lithium batteries are said to...