Richard Branson suspends Saudi Arabia's investment in space ventures over missing journalist

Posted On: Oct 13, 2018   |   Posted By: The Verge

Richard Branson suspends Saudi Arabia's investment in space ventures over missing journalist

Richard Branson, founder and chairman of space tourism venture Virgin Galactic, says he is temporarily suspending his partnership with Saudi Arabia, which means the company may lose its promised $1 billion investment. The decision is directly related to questions surrounding Washington Post reporter Jamal Khashoggi, who went missing after stepping inside the Saudi Arabian consulate in Turkey on October 2nd.
Last year, the Virgin Group announced that Virgin Galactic and its spinoff companies, The Spaceship Company and Virgin Orbit, would receive an investment of $1 billion from Saudi Arabia's Public Investment Fund. The money was meant to help further the development and testing of Virgin Galactic's spaceplane, which is meant to take...

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