Virgin Orbit Woes

[brockrwood]

That’s sad news.

Virgin Orbit fails to secure funding, will cease operations and lay off nearly entire workforce

Virgin Orbit CEO Dan Hart gave employees an update in an all-hands meeting on Thursday, according to audio obtained by CNBC.

www.cnbc.com

 

[hobie1dog]

meanwhile the owner keeps on making billions?

 

[cwbullet]

We can't fund them all.

 

[aerostadt]

There are many satellite launching companies in the business and new ones continually starting up.