Virgin Galactic goals to launch clients monthly within the close to time period. Drew Angerer/Getty Pictures Richard Branson’s Virgin Galactic noticed a sea change in its monetary place within the second quarter because the area tourism firm formally started taking up board fee-paying clients. Though the corporate has not but confirmed that its enterprise mannequin is worthwhile, it’s producing considerably extra income Amateur astronauts Lined up. Yesterday (August 1), Virgin Galactic reported income of $1.9 million for the quarter ended June 30, up from simply $357,000 in the identical interval final yr. The Branson-owned firm stated quarterly income was pushed

Such was the unpredictable nature of markets and the financial system in 2023, and it is exhausting to guess what’s going to occur subsequent. For instance, we should do not forget that in the beginning of the 12 months and its exit from the inexorable bear market of 2022, few predicted the following rally that has occurred since then. Likewise, for the broader financial system. In opposition to the backdrop of hovering inflation and hovering rates of interest, there have been loads of monetary forecasters who’ve warned of an impending brutal recession. However given the speed at which inflation has