/sci/ - Science & Math

Anonymous Sat Dec 2 22:31:57 2023 No.15901029 [View]
File: 43 KB, 640x440, IMG_02821-640x440.jpg [View same] [iqdb] [saucenao] [google]

>>15900723
>>15900596
No further investments in Virgin Galactic, says Richard Branson
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https://arstechnica.com/space/2023/12/no-further-investments-in-virgin-galactic-says-richard-branson/
> Sir Richard Branson has ruled out putting more money into his lossmaking space travel company Virgin Galactic, saying his business empire “does not have the deepest pockets” any more.
>Virgin Galactic, which was founded by Branson in 2004, last month announced it was cutting jobs and suspending commercial flights for 18 months from next year, in a bid to preserve cash for the development of a larger plane that could carry passengers to the edge of space.

this is the same article as in financial times, but not behind a paywall, though with archive it doesnt really matter

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