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Virgin Galactic Plans To Become First Publicly Traded Spaceflight Company

Billionaire Richard Branson is partnering with a group of investors to take his space tourism company public. The stock market debut is expected later this year.
Virgin Galactic's space tourism rocket plane SpaceShipTwo returns after a test flight in California on Dec. 13, 2018. Billionaire Richard Branson is partnering with a group of investors to take his space tourism company public.

Updated at 1:49 p.m. ET

Virgin Galactic, the space tourism company founded by billionaire Richard Branson, is preparing to enter the stock market by the end of 2019, through a merger with an existing company.

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