Published
Virgin Orbit, billionaire Richard Branson's satellite launching company, has filed for Chapter 11 bankruptcy protection.
The filing comes less than two years after Virgin Orbit launched at a valuation of roughly US$3 billion.
Branson is no stranger to high-profile business failures, including Virgin Brides, Virgin Cars and Virgin Cola.
Mike Armstrong explains how the British entrepreneur's venture fell back to Earth.
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The filing comes less than two years after Virgin Orbit launched at a valuation of roughly US$3 billion.
Branson is no stranger to high-profile business failures, including Virgin Brides, Virgin Cars and Virgin Cola.
Mike Armstrong explains how the British entrepreneur's venture fell back to Earth.
For more info, please go to https://globalnews.ca
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews
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