Virgin Galactic stock skyrockets as Richard Branson aims to beat Jeff Bezos into space ...News

Shares of Richard Branson's aerospace company Virgin Galactic soared 41% overnight on news that the billionaire will be onboard the test flight scheduled for July 11, ahead of rival Jeff Bezos and his Blue Origin group. Virgin Galactic’s stock price jumped to $61 per share during Friday morning trading on the St. Petersburg Stock Exchange. During premarket trading on the New York Stock Exchange, the company's stock rose by 37.3% to $59.33 per share. Morning trading at the St. Petersburg stock exchange even had to be suspended for some 30 minutes due to increased volatility, as the shares surged by more than 20% within 10 minutes. 70-ye

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