Virgin Group

Virgin Galactic set to become first publicly traded space tourism stock

Virgin Galactic founder Sir Richard Branson
Virgin Galactic founder Sir Richard Branson. Photo: Jim Watson/AFP via Getty Images

Virgin Galactic is set to hit the New York Stock Exchange on Monday after its merger with venture capitalist Chamath Palihapitiya's special purpose vehicle was approved by company shareholders, CNBC reports.

Why it matters: The approval means Virgin Galactic will become the first human spaceflight and space tourism company to be publicly traded on the stock market.

States compete to build first successful hyperloop route

The Virgin Hyperloop One XP-1 test pod on display on Capitol Hill in Washington Wednesday morning. Photo: Virgin Hyperloop One
The Virgin Hyperloop One XP-1 test pod on display on Capitol Hill in Washington Wednesday morning. Photo: Virgin Hyperloop One

The Virgin Hyperloop One XP-1 test pod made a stop outside the U.S. Capitol this morning as part of its national roadshow introducing people to the technology.

Why it matters: 10 states are competing to become the first with a hyperloop route: Missouri, Texas, Colorado, Ohio, North Carolina, Pennsylvania, Washington, Illinois, Oregon and Nevada (where the test track is located).