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Virgin Orbit shuts down, sells for $36m despite being valued at $3.7 billion in 2021

Virgin Orbit shuts down, sells for $36m despite being valued at $3.7 billion in 2021 British billionaire Sir Richard Branson’s dreams of a successful rocket company have come to a crashing halt after his business, Virgin Orbit, ceased operations.  Earlier in the year, the company’s first launch had ended in failure.  The firm’s assets, including [...]

Virgin Orbit shuts down, sells for $36m despite being valued at $3.7 billion in 2021 British billionaire Sir Richard Branson’s dreams of a successful rocket company have come to a crashing halt after his business, Virgin Orbit, ceased operations.  Earlier in the year, the company’s first launch had ended in failure.  The firm’s assets, including […]

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