Commentary: Even Richard Branson isn't immune to this coronavirus collapse https://t.co/5R2ugfYP9d pic.twitter.com/rwK9JNc6gh
— CNA (@ChannelNewsAsia) May 11, 2020
BBC News - Coronavirus: Branson to sell Galactic stake to prop up Virgin https://t.co/LblJUKVhFE
— King Arthur (@Antipolluters) May 11, 2020
Richard Branson is selling more than one-fifth of his stake in Virgin Galactic, @IBD_GRich reports.https://t.co/guEmaEcw6i
— Eric Berger (@SciGuySpace) May 11, 2020
What a surprise! After the UK gov wisely turned down his begging letter for a taxpayer bailout (despite not paying tax for 14 years!), Richard Branson has found £500 million down the back of a couch. ?https://t.co/oUHXX5En6g
— Neil Hamilton MS/AS (@NeilUKIP) May 11, 2020
Sir Richard Branson is preparing to sell as much as $504.5 million of his stake in Virgin Galactic $SPCE, or about 22% of his holdings in the space tourism company. https://t.co/4Ne5cKMn9L
— Michael Sheetz (@thesheetztweetz) May 11, 2020
NEWS: Richard Branson is to sell ~$500m of Virgin Galactic shares (~22% of his stake) in order to "...support its portfolio of global leisure, holiday and travel businesses... affected by the unprecedented impact of #COVID19 ".https://t.co/UxSXzzTUd3https://t.co/BiquGaGWkI pic.twitter.com/Qmk80zSMKZ
— Airport Webcams (@AirportWebcams) May 11, 2020
Virgin Galactic $SPCE shares open trading down as much as 8%:https://t.co/4Ne5cKMn9L pic.twitter.com/A3qKxW8yCB
— Michael Sheetz (@thesheetztweetz) May 11, 2020
Branson's stake in Virgin Galactic was worth $2.32 billion as of Friday. https://t.co/4Ne5cKMn9L
— Michael Sheetz (@thesheetztweetz) May 11, 2020
Which is what I suggested he do several weeks ago. https://t.co/xKHXN9csfM
— ???????English Rebel - #MEGA (@TheEnglishRebel) May 11, 2020
Branson intends to use the proceeds of the sale to fund Virgin Group's "portfolio of global leisure, holiday and travel businesses that have been affected by the unprecedented impact of COVID-19." https://t.co/4Ne5cKMn9L
— Michael Sheetz (@thesheetztweetz) May 11, 2020