Virgin Orbit: Richard Branson's rocket firm files for bankruptcy

1 year ago 40
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British billionaire Sir Richard Branson's rocket institution Virgin Orbit has filed for bankruptcy successful the US aft failing to unafraid caller investment.

The outer motorboat institution halted operations weeks agone but it hopes to find a purchaser for the business.

The company, based successful California, announced past week that it would chopped 85% of its 750-strong workforce.

Earlier this year, a Virgin Orbit rocket failed to implicit the archetypal ever outer motorboat from UK soil.

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