Virgin Galaxy will become the worlds first privately listed manned space company

category:Internet
 Virgin Galaxy will become the worlds first privately listed manned space company


Xinhua News Agency, Beijing, July 10 (Xinhua) - Virgin Galaxy, founded by British billionaire Richard Branson, plans to go public within this year and become the first commercially listed manned space company in the world.

Virgin Galaxy will merge with the acquisition investment company Social Capital-Herdosofia, which plans to invest about $800 million in Virgin Galaxy and acquire a maximum of 49% of the company, according to a news release on the official website on September 9, local time. As part of the investment agreement, Virgin Galaxy will be listed in the second half of this year.

Among them, Social Capital - Herdosofia CEO Chamath Palihapitia personally invested $100 million in Virgin Galaxy to become president of the new company after the merger, and he expects Virgin Galaxy to start making profits in mid-221.

Bransons Virgin Group covers aviation, consumer products and other fields. In 2004, Branson founded Virgin Galaxy to provide space travel services to customers. Virgin Galaxy has obtained a commercial space launch license from the Federal Aviation Administration of the United States. Virgin Galaxy plans to launch its first commercial manned flight in the first half of 2020, and Branson will be one of the first passengers. About 600 people from 60 countries and regions have reserved seats for the companys space tourism program, ranging from $200,000 to $250,000 per seat. Up to now, the total deposit size of customers has reached 80 million US dollars. In addition to Virgin Galaxy, Blue Origin and Elon Musks Space Exploration Technologies, founded by Jeff Bezos, Amazons CEO, are involved in commercial manned space projects. Source: Xinhua responsible editor: Wang Fengzhi_NT2541

Bransons Virgin Group covers aviation, consumer products and other fields. In 2004, Branson founded Virgin Galaxy to provide space travel services to customers. Virgin Galaxy has obtained a commercial space launch license from the Federal Aviation Administration of the United States.

Virgin Galaxy plans to launch its first commercial manned flight in the first half of 2020, and Branson will be one of the first passengers. About 600 people from 60 countries and regions have reserved seats for the companys space tourism program, ranging from $200,000 to $250,000 per seat. Up to now, the total deposit size of customers has reached 80 million US dollars.

In addition to Virgin Galaxy, Blue Origin and Elon Musks Space Exploration Technologies, founded by Jeff Bezos, Amazons CEO, are involved in commercial manned space projects.