Watch CNBC's full interview with Virgin Galactic CEO George Whitesides скачать в хорошем качестве

Watch CNBC's full interview with Virgin Galactic CEO George Whitesides

Virgin Galactic CEO George Whitesides joins CNBC's "Squawk Alley" team to discuss the outlook for the space company after its stock has seen record highs in 2020. Virgin Galactic reported a larger-than-anticipated loss when it reported fourth-quarter results on Tuesday, although the interest from prospective customers in the company’s future spaceflights continued to climb. CEO George Whitesides told shareholders on the company’s conference call that the company’s main goal this year is to safely fly founder Sir Richard Branson to space. He declared that Virgin Galactic generating significant revenue this year is not what will make the company a long-term success, instead focusing on flying safely. Shares of Virgin Galactic dropped about 5% in after-hours trading from its close at $34.04. The stock slipped 0.7% on Tuesday, although it earlier climbed as much as 8% while fueled by more speculative trading. The company also announced that on Wednesday it will begin accepting $1,000 deposits toward space flight tickets. Those who pay the fully-refundable deposit will be the first offered reservations when Virgin Galactic re-opens ticket sales later this year. Whitesides said the company will later share its strategy on premium pricing, saying the $1,000 deposits will help identify the customers most eager for the next batch of sales. “We do plan on going back into the market with a higher [than $250,000] price point,” Whitesides said. Virgin Galactic raised about $430 million when it went public through a merger with Chamath Palihapitiya’s Social Capital Hedosophia in October. Asked whether Virgin Galactic plans to raise more capital because the stock has more than tripled since that debut, Whitesides deferred. “We have in front of us an initial market opportunity that we believe is strong and highly profitable,” Whitesides said. “Right now we’re really focused on the engineering.” For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://www.cnbc.com/pro/?__source=yo... » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC #CNBC TV