Richard Branson's Rocket Company Shuts Down for 'Foreseeable Future'

Virgin Orbit is laying off 85% of its workforce, or 675 employees, and ceasing operations for the foreseeable future “in order to reduce expenses in light of the company’s inability to secure meaningful funding,” the company wrotfore“Unfortunately,

we’ve not been able to secure the funding to provide a clear path for this company,” CEO Dan Hart told employees during an all-hands meeting on Thursday, CNBCFollowing the company’s announcement, Virgin Orbit’s stock fell by 41% on Thursday, according to

Does this include virgingalactic or just VirginOrbit?

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