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Virgin Galactic's Halt in Tourism Flights Batters Sales, Cash

By Yahoo! Finance   |   Nov 6, 2024 at 05:17 PM EST
Virgin Galactic's Halt in Tourism Flights Batters Sales, Cash

Virgin Galactic's revenue fell short of expectations in Q3 as they focus on improving their spacecraft. The company's stock remained steady despite concerns over lack of revenue and cash burn rate. Staffing up for Delta craft assembly, they aim to start commercial operations in 2026.

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