Virgin Galactic Shares Plummet With Another Delta Delay

Virgin Galactic's Apeiron

The Delta-class Apeiron is designed to carry six passengers and to be launched into suborbital space from its carrier aircraft at 50,000 ft.

Credit: Virgin Galactic
Shares of stalled space tourism company Virgin Galactic plummeted almost 32% in regular trading Nov. 13, the day after the company discussed a further two-month delay in its first Delta-class spaceship, as well as more fundraising that will dilute shareholders’ holdings. CEO and President Michael...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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