To debut his latest business sensation—Virgin Galactic, the first publicly traded commercial human spaceflight company—Virgin founder Richard Branson could not have picked a better day. As shares became available for mom-and-pop investors under the stock ticker SPCE on Oct. 28, the S&P 500 stock index flirted with a record high. “It’s a very big milestone,” Branson told reporters from the floor of the New York Stock Exchange. “If the public wants ...

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