Richard Branson Just Flew to Space. What It Means for Virgin Galactic Stock
On July 11, 2021, Virgin Galactic (NYSE: SPCE) founder Sir Richard Branson flew to space (and back).
Cheers erupted around the world in response to Sir Richard's accomplishment. But in fact, perhaps the even bigger news for Virgin Galactic arrived two weeks earlier, on June 25. That was when the U.S. Federal Aviation Administration awarded Virgin Galactic its "full commercial launch license" to begin conducting space tourism flights.
Sir Richard's space romp last weekend was the first such flight -- but it won't be the last.
Source Fool.com
