Virgin Galactic to Train "Private Astronauts" for NASA
Shares of space tourism pioneer Virgin Galactic Holdings (NYSE: SPCE) took off like ... well, like a rocketship this morning. Shares are up more than 13% in early afternoon trading after the company announced that it has inked a deal with the National Aeronautics and Space Administration (NASA) to "develop a new private orbital astronaut readiness program."
Image source: Virgin Galactic.
NASA Administrator Jim Bridenstine had previously alluded to this news on Friday, "tweeting" that NASA has plans to fly astronauts "on commercial suborbital spacecraft."
Source Fool.com