Nov. 7, 2023 6:41 pm ET
Virgin Galactic is cutting jobs and expenses as part of a strategic realignment to support production of its Delta Class spaceships.
The Orange County, Calif.-based space travel company said in a memo to employees on Tuesday that it was having a harder time accessing capital due to interest rates and geopolitical unrest, making the cost-cutting necessary.
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This post first appeared on wsj.com
