‘That Was It?’: Virgin Galactic’s First ‘SpaceShip III’ Falls Flat With Public

Mar 30, 2021 | EARNINGS

Virgin Galactic Chief Executive Officer Michael Colglazier issued a statement last month promising investors the California-based spaceflight company would be focusing on “completing our test flight program” and “expanding our fleet of spaceships and motherships.” At the same time, the Virgin Group subsidiary saw a net loss of $74 million for Q4.

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