Virgin Galactic Chairman Palihapitiya says stock isn’t a bubble, points to .4 billion ‘pipeline’

Virgin Galactic Chairman Palihapitiya says stock isn’t a bubble, points to $2.4 billion ‘pipeline’

Virgin Galactic co-founder Sir Richard Branson, CEO George Whitesides and Social Capital CEO Chamath Palihapitiya pose together outside of the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019.

Brendan McDermid | Reuters

Virgin Galactic Chairman Chamath Palihapitiya thinks the recent rally by Wall Street’s favorite speculative stock

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