BIZARRE: 2 - What They Never Told You

Virgin Orbit Failure Casts Cloud Over Space Voyages: Kiplinger Economic Forecasts

Virgin Orbit failure casts a cloud over space voyages but SpaceX could fill the void.

Kiplinger · May 8, 2023

Sir Richard Branson personally lost £1.5 billion in the pandemic

The British entrepreneur also admitted he suffered depression as his company faced backlash.

Fortune · May 4, 2023

Richard Branson net worth | Evening Standard Tech Rich List

Sir Richard’s headteacher at Stowe public school told him he would either end up in prison or become a millionaire. And while he had a few brushes with the authorities - not least a highly suspect wheeze to avoid paying customs on record exports that earned him a night in…

Evening Standard · Apr 27, 2023

Virgin Orbit files for bankruptcy after funding efforts fail

The California-based launch company Virgin Orbit filed for Chapter 11 bankruptcy on Monday (April 3), shortly after it failed to secure a potential funding lifeline.

Space · Apr 4, 2023

Richard Branson's satellite launch firm is back down to earth as bosses file for bankruptcy

Virgin Orbit’s move comes after it was unable to secure rescue funding. It suffered a major setback in January when its rocket was unable to deploy its satellites into orbit

Daily Mirror · Apr 4, 2023

Spaceport Cornwall focused on future as Virgin Orbit files for bankruptcy

The head of the South West space cluster said it would continue to work with other global space and satellite businesses and open a new research facility this month

Birmingham Post · Apr 4, 2023

Branson’s rocket-launch firm Virgin Orbit files for bankruptcy

Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut about 85% of its staff.

Tribune News Service · Apr 4, 2023

Musk’s SpaceX has once less competitor as Virgin Orbit files for bankruptcy

The startup founded by the Brit will not attempt to reorganize under protection from creditors but instead will pursue an outright sale.

Fortune · Apr 4, 2023

Virgin Orbit seeks bankruptcy protection after mission fail

Richard Branson’s Virgin Orbit is filing for Chapter 11 bankruptcy protection after a failed mission and increasing difficulty in raising funding for future operations

The Independent UK · Apr 4, 2023

Virgin Orbit files for bankruptcy in the US as it looks for sale

Sir Richard Branson’s American satellite launch firm announced hundreds of job cuts last week months after it attempted to shoot a rocket into space from Spaceport Cornwall

Birmingham Post · Apr 4, 2023