Richard Branson's Virgin Orbit Rocket Company Files for Bankruptcy

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The moment has at last come for Sir Richard Branson to hang up his satellites and give up the ghost., Virgin Orbit announced that it would be filing for bankruptcy and preparing to sell to prospective new owners after only six years of existence.

"We believe that the cutting-edge launch technology that this team has created will have wide appeal to buyers as we continue in the process to sell the company," the company's CEO, Dan Hart, said in the statement.This is, of course, not exactly a surprising turn of events given that in January, the company admitted that one of its

 

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