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Home / Virgin Galactic shares tumble as company says it's raising US$425M in debt

Virgin Galactic shares tumble as company says it's raising US$425M in debt

Posted on January 13, 2022January 13, 2022 by admin

Shares of Virgin Galactic — the space tourism company that carried its billionaire founder, Richard Branson, to the edge of space last summer — took a major price hit on Thursday after the company announced it’s raising as much as half a billion dollars in debt.
Source: ctv business
Virgin Galactic shares tumble as company says it’s raising US5M in debt

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