A successful launch of a rocket with legs by Elon Musk’s Space Exploration Technologies Corp. may slash the costs of reaching space and give a boost to private space flight, former astronaut Chris Hadfield said.
On a cold, clear January morning, Sir Richard Branson finds himself standing in the middle of a pedestrian-friendly street in Newcastle -- a hardscrabble city in northeast England -- becoming something he never thought he would be: a banker.
Virgin America Inc., the discount carrier partly owned by U.K. billionaire Richard Branson, wants to step up competition with American Airlines Group Inc. and Southwest Airlines Co. on their home turf in Texas.
Butanol, the gasoline substitute promoted by billionaire Richard Branson, is headed for its debut at U.S. pumps as soon as next year in a challenge to ethanol’s domination of the $26 billion renewable fuels market.
U.K. billionaire Richard Branson said his Virgin Galactic venture is on track to carry its first fare-paying passenger to the edge of space this year, and that he plans to take his family on a flight some time in 2014.
The world’s wealthiest people may start using suborbital space travel, pioneered by investors such as Richard Branson, to cut travel times and expand their property empires, according to Knight Frank LLP.