Virgin Galactic Pitch Deck
Virgin Galactic was founded in 2004 by British entrepreneur Sir Richard Branson (founder of Virgin Group and the Virgin Atlantic airline).
Virgin Galactic's commercial spacecraft provide suborbital spaceflights to space tourists. The company made its maiden spaceflight with its VSS Unity spaceship in 2018.
Virgin Galactic Holdings (NYSE:SPCE) was originally IPOA, the first of so-called ""SPAC King"" Chamath Palihapitiya’s SPACs. The SPAC merger listing raised $450M through a SPAC merger listing which valued the company over $2.4B. At the time, the company claimed to have over 600 customer reservations and ~$80M in total collected deposits.
After commercial service was delayed again in August 2022, Virgin Galactic stock price tumbled >80% from IPO to under $2 as of January 2024.
2019 • Public
About the Virgin Galactic Pitch Deck
- Raised: $450M
- Year: 2019
- Stage: Public
- Investors: SPAC
About Virgin Galactic
Virgin Galactic is developing commercial spacecraft and aims to provide suborbital spaceflights to space tourists.
- Industry: Hardware
- Tags: Space Exploration, Rockets, Hardware, Robotics, Space, Aerospace
- Business Model: Other
- Customer Model: B2C
- Website: https://www.virgingalactic.com
- Legal Name: Virgin Galactic
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