Richard Branson to sell 25 million shares in Virgin Galactic to battle pandemic impact

Reuters India Tuesday, 12 May 2020 ()
Billionaire Richard Branson's Virgin Group said on Monday that it may sell up to 25 million shares of space tourism company Virgin Galactic Holdings Inc to raise funds amid the COVID-19 pandemic.
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News video: Richard Branson to Sell Virgin Galactic Shares to Support His Other Businesses Hurt by the Coronavirus Pandemic

Richard Branson to Sell Virgin Galactic Shares to Support His Other Businesses Hurt by the Coronavirus Pandemic 00:45

Richard Branson, the founder of Virgin Group, may sell up to 25 million shares of his spaceflight company, Virgin Galactic.