Virgin Galactic has responded to Boeing’s lawsuit, which accuses the company of retaining its trade secrets. In response, Virgin Galactic has filed a lawsuit of its own, blaming Boeing for repeated failures that ultimately led to the termination of their commercial partnership.
Following Richard Branson’s announcement of halting further financial contributions, the stock price of Virgin Galactic experienced a significant drop of over 17% by Monday’s close. This latest complication adds to a series of challenges the company has faced, including recent layoffs and a suspension of commercial…
