Dow Jones Reverses Higher As Virgin Galactic Dives On Offering; Tesla Stock Races Higher

The Dow Jones Industrial Average turned higher Monday, as Virgin Galactic dived on a stock offering after its first fully crewed flight. Tesla stock raced higher. Read More...


Billionaire Branson soars to space aboard Virgin Galactic flight

TRUTH OR CONSEQUENCES, N.M. (Reuters) -British billionaire Richard Branson on Sunday soared more than 50 miles above the New Mexico desert aboard his Virgin Galactic rocket plane and safely returned in the vehicle’s first fully crewed test flight to space, a symbolic milestone for a venture he started 17 years ago. Branson, one of six Virgin Galactic Holding Inc employees strapped in for the ride, touted the mission as a precursor to a new era of space tourism, with the company he founded in 2004 poised to begin commercial operations next year. “We’re here to make space more accessible to all,” an exuberant Branson, 70, said shortly after embracing his grandchildren following the flight.

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