Tag: Virgin Galactic
Max Q: Starship’s good landing (and less good post-landing)
Max Q is a weekly newsletter from TechCrunch all about space. Sign up here to receive it weekly on Mondays in your inbox. Sometimes even the biggest successes look like failures on video. That’s the theme of this week, because the biggest news by far was SpaceX’s test launch of…
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Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company
The man who arguably ushered in the current SPAC rush with the merger of Virgin Galactic with his Social Capital Hedosophia holding company has divested the remainder of his personal holdings in the space tourism company. Chamath Palihapitiya, who serves as the Chairman of Virgin Galactic’s board, still holds 6.2%…
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As the SPAC frenzy continues, questions arise about how much the market can absorb
Another week and the biggest story in a sea of big stories continues to center on SPACs, these blank-check companies that raise capital through IPOs expressly to acquire a privately held company and take it public. But some industry watchers as starting to wonder: Is this party just getting started,…
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Is anything too big to be SPAC’d?
While many deemed 2020 the year of SPAC, short for special purpose acquisition company, 2021 may well make last year look quaint in comparison. It’s probably not premature to be asking: is anything too big to be SPAC’d? Just today, we saw the trading debut of the most valuable company…
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Watch Virgin Orbit launch a rocket to space from a modified 747 for the first time
Virgin Orbit scored a major success on Sunday, with a test flight that not only achieved its goals of reaching space and orbit, but also of delivering payloads on board for NASA, marking its first commercial mission, too. The launch was a success in every possible regard, which puts Virgin…
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Virgin Orbit reaches orbit for the first time
Virgin Orbit launched its LauncherOne rocket to orbit for the first time today, with a successful demonstration mission that carried a handful of satellites and will attempt to deliver them to low Earth orbit on behalf of NASA. It’s a crucial milestone for the small satellite launch company, and the…
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