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This weekend, Virgin Group's Founder Richard Branson promised to keep his commercial space travel company Virgin Galactic operating, despite concerns about the industry's future. Last week, private space transportation experienced two major accidents that threaten its outlook. Six days ago, a cargo rocket carrying supplies to the International Space Station exploded moments after takeoff. The rocket's owner, Orbital Sciences Corp. (NYSE: ORB) saw its shares fall by 14%. On Friday, Virgin Galactic's flagship vehicle SpaceShipTwo crashed in the Mojave Desert, killing one pilot and seriously injuring the other.