Anonymous ID: 31a523 Dec. 16, 2020, 6:26 p.m. No.25090   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>5176 >>5230 >>5254 >>5262 >>5263

Virgin Galactic Holdings, Inc. sold by Social Capital: $97.82m-Dec 14,15

 

They have approx. 6.2m shares on this filing left to sell.

Virgin Galactic Holdings, Inc., formerly Social Capital Hedosophia Holdings Corp., is an aerospace company that provides human spaceflight for private individuals and researchers. The Company is focused on developing a spaceflight system to offer customers a multi-day experience culminating in a spaceflight that includes several minutes of weightlessness and views of earth from space. Through its aerospace development subsidiary, The Spaceship Company, LLC, the Company manufactures its space vehicles in Mojave, California. Its spaceflight system consists of three primary components: its carrier aircraft, WhiteKnightTwo; its spaceship, SpaceShipTwo, and its hybrid rocket motor. SpaceShipTwo is a spaceship with the capacity to carry pilots and customers or payloads, into space and return them to earth.WhiteKnightTwo is a twin-fuselage aircraft designed to carry SpaceShipTwo up to an altitude of approximately 45,000 feet where the spaceship is released for its flight into space. Number of employees : 906 people.

https://www.marketscreener.com/quote/stock/VIRGIN-GALACTIC-HOLDINGS-54264538/company/

 

from July 9 2019

Virgin Galactic Will Go Public Via $800 Million Deal With Chamath Palihapitiyaโ€™s Investment Company

https://www.forbes.com/sites/alexknapp/2019/07/09/virgin-galactic-will-go-public-via-800-million-deal-with-chamath-palihapitiyas-investment-company/?sh=1e5e31d23a8b

 

Chamath Palihapitiya is a Sri Lankan-born Canadian-American venture capitalist, engineer and the founder and CEO of Social Capital. Palihapitiya was an early senior executive at Facebook, joining the company in 2007 and leaving in 2011. He is a minority stakeholder and board member of the Golden State Warriors.

Social Capital was founded in 2011 by Chamath Palihapitiya. Mamoon Hamid and Ted Maidenberg also joined the firm that year as General Partners. In January 2015, Fortune reported that Kleiner Perkins was in acquisition talks with Social Capital, but the acquisition reportedly fell through. In May 2015, Social Capital raised $600 million in their third and largest venture capital fund. PayPal cofounder Peter Thiel praised Palihapitiya's approach, and as of 2015 served as a limited partner. In 2017, Marc Mezvinsky joined Social Capital as vice chairman as it sought to expand beyond traditional venture capital. In August 2017, Hamid left Social Capital to join Kleiner Perkins as a general partner and managing member. In spring of 2018, Mezvinsky departed Social Capital. Later in 2018, then-partners Arjun Sethi, Jonathan Hsu, and Ted Maidenberg left the firm to co-found Tribe Capital.

https://en.wikipedia.org/wiki/Chamath_Palihapitiya

http://www.socialcapitalhedosophiaholdings.com/index.html

https://www.finviz.com/insidertrading.ashx?oc=1715450&tc=7