The week that was: Branson aims for the stars

Also: Smurfit Kappa on trend

3rd November, 2019

Virgin Galactic, the space tourism company launched by Richard Branson in 2004 (see below), made its debut on the stock market on Tuesday. It went public through a merger with Social Capital Hedosophia Holdings, a publicly traded shell company. Branson retains a 51 per cent stake. Shares opened at $12.34 on the New York Stock Exchange, with the company’s market value reaching a peak of about $2.3 billion. The share price fell back to about...

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