Eat the rich, but let them build rockets in the meantime

Richard Branson’s Virgin Galactic went to space (or the vicinity of space) in a PR-suffused event over the weekend. It was all rather twee, packed with maudlin riffs about childhood dreams and riddled with hero worship. And the stream kept stuttering while some...

Equity Monday: Cybersecurity startups see deluge of capital as Microsoft looks to buy RiskIQ

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent...

Virgin Galactic and Richard Branson celebrate launch of first passengers into space

Virgin Galactic has successfully taken its first passengers to space, including its billionaire founder Richard Branson. The event, at Spaceport America in New Mexico, was a field day for press and employees, complete with an early-morning Khalid set and hero walk by...

FAA clears Virgin Galactic for commercial astronaut spaceflight

The U.S. Federal Aviation Administration (FAA) has given Virgin Galactic the green light to begin transporting commercial passengers to space aboard its VSS spacecraft. This is an expansion of the company’s existing license, which had granted it permission to...

As the SPAC frenzy continues, questions arise about how much the market can absorb

Another week and the biggest story in a sea of big stories continues to center on SPACs, these blank-check companies that raise capital through IPOs expressly to acquire a privately held company and take it public. But some industry watchers as starting to wonder: Is...

Contestants will compete for a SpaceX trip to the International Space Station in new reality TV show

There’s a reality TV competition show in the works that will feature a 2023 trip to the International Space Station as the grand prize, Deadline reports. The production company behind the show, which will be called “Space Hero,” has booked a seat on...