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Palihapitiya Says He Never Wanted to Sell Virgin Galactic Shares

Mar.05 -- Virgin Galactic Holdings Inc. tumbled Friday after its billionaire Chairman Chamath Palihapitiya offloaded shares worth about $213 million in the space-tourism company founded by Richard Branson. The Social Capital founder says he never wants to sell any shares in companies he invests in. Palihapitiya spoke exclusively with Erik Schatzker on Bloomberg’s “Front Row” on Feb. 12.