Company social capital had a sophia which will take a 49 percent stake in the firm of Virgin Galactic says it already has 600. 00 reservations for flights which could begin as soon as this year. And for more on this lets go now to our financial correspondent in new york yen scored a yens this seems pretty unique in terms of listings so what kind of interest could Virgin Galactic generate. Well i mean if you want to invest into the vision of now you might get the chance because yes it is the 1st real Space Company going public it is by the way a pretty unusual way because theyre going to merge with another company that is already listed on the New York Stock Exchange but with this merger automatically Virgin Galactic would become a listed company here on the floor the question is if you do believe the bank u. B. S. Actually predicts that the market for Space Tourism in about a decade could be worth a good. 1000000000. 00 sold there seems to be market. Analysts make the comparison to tes
As an astronaut he took part in the greatest adventure in history. Armstrong was his destiny starts july 20th on t. W. Because the commercial space race about to see its 1st public listing Virgin Galactic plans to sell shares by the end of the year so could it propel Richard Branson Space Tourism company to even greater heights. Also on the show france says it will tax plane tickets beginning next year and use the revenue to fund environmentally friendly transportation in the country. And the down sides of the east who are tracing european streets as Police Crackdown on the unruly and often drunk electric scooter riders. This is your deed of your Business Report im Stephen Beards in berlin thanks for joining us british billionaire Richard Branson says his Space Tourism business Virgin Galactic will go public by the end of the year it would be the 1st commercial spaceflight company to be listed which could help it compete with deep pocketed rivals blue origin and space x. The branches c