Virgin Galactic boss Richard Branson suspends $1bn Saudi investment over Khashoggi disappearance
Billionaire Richard Branson has suspended talks with Saudi Arabia regarding a planned $1bn investment in his space ventures after Crown Prince Mohammad bin Salman was linked to the disappearance of a Washington Post journalist.
Branson, co-founder of Virgin Galactic, announced last October that Saudi Arabia’s Public Investment Fund was planning to invest $1 billion in his commercial space flight companies. He is now putting the brakes on the investment, as well as distancing himself from participation in two advisory boards linked to the sovereign wealth fund, Branson said in statements to several media.
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