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Sir Richard Branson To Sell $500M In Virgin Galactic Shares

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Sir Richard Branson is planning to sell $500M in shares of Mojave-based Virgin Galactic , in a bid to raise cash to finance his other airline and hotel businesses. The $500M represents about one-fifth of Branson's stake in Virgin Galactic.

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Virgin Galactic Plans To Go Public Via Acquisition Deal

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Mojave-based Virgin Galactic , the space tourism venture led by Richard Branson, is looking to go public via a merger with a special purpose acquisition company (SPAC), called Social Capital Hedosophia Holdings Corp. according to the WSJ.

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Virgin Orbit Plans To Go Public Via SPAC

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Mojave-based Virgin Orbit, which is developing space launch technology which uses a modified 747 to send rockets into space, is planning to go public via a merger with a special purpose acquisition company (SPAC). Sir Richard Branson took one of his other space ventures, space tourism company Virgin Galactic, public in 2019.

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Virgin Orbit To Go Public Through SPAC

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Long Beach-based Virgin Orbit, the satellite launch technology company which is related to Sir Richard Branson's Virgin Galactic space tourism business, says it will become a publicly traded company through a Special Purpose Acquisition Company (SPAC). II , which trades on the Nasdaq as NGCA.

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Virgin Galactic Set To Trade Monday On NYSE, After Reverse Merger

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a special purpose acquisition company (SPAC). The reverse merger gives Social Capital Hedosophia a 49 percent stake in Virgin Galactic, with Sir Richard Branson owning the 51% controlling stake. The two had embarked on the effort to take Virgin Galactic public via a reverse merger back in May.

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Virgin Galactic Debuts On NYSE

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Virgin Galactic , the space tourism company led by Richard Branson, has officially debuted on the New York Stock Exchange (NYSE) under the symbol SPCE, after a reverse merger effort by the company in a deal with a blank-shell merger company owned by Chamath Palihapitiya. READ MORE>>.

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Google Eyes Stake In Virgin Galactic

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google virgin galactic merger acquisition rumor goog richard branson' The move comes the same week that Google acquired surveillance satellite company Skybox Imaging, which develops low earth orbit satellites that can transmit high resolution, real-time photos and videos to the ground. READ MORE>>.

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