Richard Branson loses more than £2.5bn after Virgin Orbit and Virgin Galatic collapse
Richard Branson has been burnt after the SPAC bubble burst and his largest Virgin Group holdings plunged in value.
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Richard Branson has been burnt after the SPAC bubble burst and his largest Virgin Group holdings plunged in value.
Billionaire entrepreneur Sir Richard Branson's (pictured) space bound enterprise Virgin Orbit failed unceremoniously last week as the satellite launch company filed for bankruptcy.
Richard Branson's Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure long-term funding following a January rocket failure.... | April 4, 2023
(Reuters) - Richard Branson's Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure lon...