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Chamath Palihapitiya sells $213M personal stake in Virgin Galactic
short by Aishwarya Awasthi / on Friday, 5 March, 2021
Billionaire investor Chamath Palihapitiya sold his remaining personal holding in Virgin Galactic, raising $213 million. Palihapitiya, who is Virgin Galactic's Chairman, sold 6.2 million shares at an average price of $34.32 this week, US SEC filings revealed. He still owns 15.8 million shares with his partner Ian Osborne through investment firm Social Capital Hedosophia.
read more at TechCrunch