Namira Salim (Pakistan), Trevor Beattie (UK) and Ron Rosano (US) flew on Virgin Galactic's Galactic 04 mission. Salim became the first Pakistani astronaut to fly to space. In the cabin was Virgin ...

Ever since its initial public offering (IPO) in 2021, space tourism stock Virgin Galactic (NYSE: SPCE) has been assuring investors it can profit from the brand new business of flying wealthy tourists ...

Virgin Galactic is restructuring its debt in a bid to reach profitability before it runs out of money. The restructuring will probably raise interest costs, and will definitely dilute existing ...

Sell $46 million worth of new stock (that's about 12.1 million shares at the current share price), with attached warrants to buy stock. Place $203 million worth of "first lien notes" due in 2028 and ...

Virgin Galactic plans to sell cash, roll over its debt -- and issue a whole lot of warrants. The goal: to cut its debt load and stay out of bankruptcy. 10 stocks we like better than Virgin Galactic › ...

Virgin Galactic plans to sell cash, roll over its debt -- and issue a whole lot of warrants. Virgin Galactic is not in a good place right now. The company's spending $460 million annually in cash burn ...

Virgin Galactic shares slid after the aerospace company said it would issue shares and take on new debt in order to repurchase $355 million in convertible senior notes that would have come due in 2027 ...

What To Know: Virgin Galactic, which has remained unprofitable every quarter since going public six years ago, announced a capital realignment plan on Tuesday, aiming to reduce its debt by $152 ...

MESA, AZ (AZFamily) — Virgin Galactic’s mothership, EVE, completed its inaugural flight from Spaceport America in New Mexico to Mesa Gateway Airport in November, where the company operates its only ...

Space tourism company Virgin Galactic is looking forward to sending private astronauts to suborbital space and back, with an expected average of 125 flights per year, using its two new spaceships. The ...