Boeing to buy $20 million minority stake in Virgin Galactic
HorizonX, a venture capital division of Boeing, today announced that it will purchase a $20 million minority stake in Virgini Galactic once the company goes public later this year.
Boeing’s venture arm HorizonX announced on Tuesday it will invest $20 million in Sir Richard Branson’s space tourism company Virgin Galactic to help develop the technologies needed to make hypersonic air travel possible one day.
All I can say is I do not understand how Richard Branson can fool so many people for so long for so much, while delivering practically nothing.
Hat tip Robert Pratt of Pratt on Texas.
HorizonX, a venture capital division of Boeing, today announced that it will purchase a $20 million minority stake in Virgini Galactic once the company goes public later this year.
Boeing’s venture arm HorizonX announced on Tuesday it will invest $20 million in Sir Richard Branson’s space tourism company Virgin Galactic to help develop the technologies needed to make hypersonic air travel possible one day.
All I can say is I do not understand how Richard Branson can fool so many people for so long for so much, while delivering practically nothing.
Hat tip Robert Pratt of Pratt on Texas.