Billionaire Richard Branson's Virgin Orbit has reportedly hired bankers to go pubic via SPAC merger

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Branson's company owns 80% of South Carolina-based Virgin Orbit. Mubadala Investment and the United Arab Emirates sovereign-wealth fund own the remaining stake. January test launch

, which successfully sent its first rocket to successfully reach Earth orbit, eight months after its previous attempt failed. SPACs have been around for more than a decade but have since recently boomed. Just three months into 2021, data fromNewsletterLoadingBy clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our

 

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Should be good for them to go pubic! Excited!

'.. going pubic'?

Bankers will do anything for money.

Inconvenient typo.

Should hire a proofreader.

Pubic as in🤣

Pubic? 🙄

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