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Virgin Galactic merges with investment business

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Virgin Galactic, the much-delayed space tourism and would-be satellite launch supplier, is selling 49 per cent of itself to what has been described as a ‘shell company’ Social Capital Hedosophia Holdings Corp (SCH). The business has been set up by a former Facebook boss, Chamath Palihapitiya. SCH is itself a partnership, between Social Capital and […]

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