CG: Virgin Galactic Prepares an Interstellar IPO
On July 9, Virgin Galactic, Richard Branson’s space tourism venture, announced plans to go public via a deal with Social Capital Hedosophia Holdings Corp., a special purpose acquisition company created by Social Capital CEO Chamath Palihapitiya. This represents the first time public investors will be able to invest directly in the recreational space industry. Motley Fool Contributor Luis Sanchez joins the podcast for the first time to break down the business, its financial prospects, and how it stacks up against the other major players in the industry, SpaceX and Blue Origin. Stocks Mentioned: IPOA Check out more of our content here: TMF's podcast portal YouTube Twitter Join Our Motley Fool Podcast Facebook Group LinkedIn StockUp, The Motley Fool's weekly email newsletter