Big scandal for Virgin Galactic’s investment partner

Please consider donating to Behind the Black, by giving either a one-time contribution or a regular subscription, as outlined in the tip jar to the right. Your support will allow me to continue covering science and culture as I have for the past twenty years, independent and free from any outside influence.

Virgin Galactic’s biggest investor has been caught up in a big scandal involving two of its top managers, including the arrest of one.

As noted at the link, there is no evidence that anyone at Virgin Galactic was involved in what appears to be an illegal transfer of $3.5 billion from the investment company. However, the collapse of this company, which invested $390 million for a 37% share in Virgin Galactic, could impact the space company’s future efforts.

Leave a Reply

Your email address will not be published. Required fields are marked *