SocialCapitalHedosphia
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Virgin Galactic is going public to fund its expensive tourist spaceflights
Space tourism company Virgin Galactic has announced that it will go public via a merger with an investment firm. Its new partner, Social Capital Hedosophia (SCH), will invest $800 million in exchange for a 49 percent stake and take Virgin Galactic public later in 2019 -- a first for a spaceflight company.
