Virgin Orbit: Branson’s rocket dream ends after mission failure
The British billionaire’s bankrupt satellite launch firm had been looking to boost its finances. …
Rival start-up Rocket Lab has bought most of Virgin Orbit’s headquarters in California as well as other assets. The company’s Boeing 747 plane, which was converted to help launch satellites, has also been sold off. In total, the asset sale fetched $36.4m (£29.4m).
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