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February 20, 2020

02/19/2020 The Highlight

Virgin Galactic, Richard Branson’s space flight company is going parabolic, with shares nearly tripling year-to-date.

The company is quickly becoming a favorite stock among retail investors, as Fidelity said it was the third most traded stock in recent sessions, behind only Apple and Tesla.

The race to pioneer space tourism is a battle of the billionaires, with Jeff Bezos’ highly secretive Blue Origin and Elon Musk’s SpaceX fighting to be the first-mover in this highly competitive new industry. 

Virgin Galactic says 600 people from over 60 countries have already made their reservations to take a trip to space.

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