Virgin Galactic Will Be the First Space Tourism Company to Be Publicly Traded
Daniel Johnson — October 28, 2019 — Business
References: virgingalactic & hypebeast
Virgin Galactic will soon become the first space tourism company to be publicly traded on the New York Stock Exchange. Being added to public stock trading is a significant step forward for the company, and for the potential of a space tourism industry in the future. Virgin Galactic has indicated that it has already received 600 applications for space travel.
The public will be able to buy and sell Virgin Galactic stocks beginning on October 28th, when the organization will be added to the New York Stock Exchange. Virgin Galactic will be added to the public stock market around the same time the organization has merged with the Social Capital Hedosophia Holdings company.
Image Credit: Shutterstock
The public will be able to buy and sell Virgin Galactic stocks beginning on October 28th, when the organization will be added to the New York Stock Exchange. Virgin Galactic will be added to the public stock market around the same time the organization has merged with the Social Capital Hedosophia Holdings company.
Image Credit: Shutterstock
Trend Themes
1. Space Tourism - There is a growing interest in space tourism, and companies like Virgin Galactic are pioneering the industry.
2. Publicly Traded Space Tourism - The decision by Virgin Galactic to become publicly traded opens up new investment opportunities in the space tourism sector.
3. Increasing Demand for Space Travel - The high number of applications received by Virgin Galactic suggests a strong demand for space travel experiences.
Industry Implications
1. Space Tourism - The space tourism industry is witnessing innovative developments with the entry of companies like Virgin Galactic.
2. Public Stock Trading - The addition of Virgin Galactic to the New York Stock Exchange creates new opportunities for investors in the space tourism sector.
3. Investment and Finance - The merging of Virgin Galactic with Social Capital Hedosophia Holdings highlights the growing importance of the space tourism industry in the investment and finance sector.
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