Richard Branson

Shares of Richard Branson's satellite launch company Virgin Orbit Holdings Inc (NASDAQ: VORB) are falling Tuesday after the company filed for bankruptcy. What Happened: Virgin Orbit said it filed for voluntary Chapter 11 bankruptcy in order to effectuate a sale of its ...

Richard Branson‘s Virgin Orbit Holdings Inc (NASDAQ:VORB) has filed for Chapter 11 bankruptcy, a day after flagging substantial doubt about its ability to continue as a going concern for at least 12 months. What Happened: Virgin Orbit lodged the Chapter 11 bankruptcy filing in the U.S....

British entrepreneur Richard Branson‘s Virgin Orbit Holdings Inc (NASDAQ:VORB) raised $10.9 million from Virgin Investments Limited via the issue of a senior secured convertible note to pay severance for laid-off employees. What Happened: Virgin Orbit raised $10.9 million from Branson's...

Richard Branson‘s Virgin Orbit Holdings Inc (NASDAQ:VORB) is reportedly extending its halt in operations. What Happened: Virgin Orbit is extending its pause in operation to pursue investment, CNBC reported, citing a company-wide mail by CEO Dan Hart. Last week, it was reported that Virgin Orbit is...

Richard Branson‘s Virgin Orbit (NASDAQ:VORB) is reportedly closing in on a $200 million investment. What Happened: Virgin Orbit is nearing a $200 million investment through a private share placement from Texas-based venture capital investor Matthew Brown, reported Reuters. Virgin Orbit and...

Richard Branson‘s Virgin Orbit (NASDAQ:VORB) is reportedly planning to return a small group of employees on Thursday. What Happened: Virgin Orbit plans to bring back a small group of employees on Thursday to work on rocket upgrades, reported Reuters, citing three people familiar with the...

Billionaire Richard Branson‘s commercial space satellite venture Virgin Orbit Holdings Inc. (NASDAQ:VORB) is reportedly working with two restructuring firms on fallback plans for its insolvency days in the event that it cannot secure new funding. What Happened: Virgin Orbit, the sister...

Space travel company Virgin Galactic Holdings Inc. (NYSE:SPCE), on Tuesday, said its commercial service launch remains on track for the second quarter of 2023. What Happened: The aerospace company, founded by billionaire Richard Branson, suspended flights of spaceplane VSS Unity and...

The girlfriend of billionaire Jeff Bezos could be one of the newest space passengers thanks to a company founded by Bezos. Here are the details. What Happened: It was announced recently that Bezo's girlfriend, Lauren Sanchez, would be heading to space aboard a Blue Origin...

The night before a major event for a company he founded, billionaire Richard Branson was woken up by Elon Musk. Here’s the strange but true story. What Happened: In July 2021, Richard Branson went to space at the age of 71, hitting the milestone aboard a spacecraft from Virgin Galactic (NYSE...

Virgin Galactic Holdings Inc (NYSE: SPCE) shares are trading higher in Thursday's after-hours session after the company announced an updated leadership structure to support commercial spaceline operations. What To Know: Virgin Galactic said Swami Iyer, president of ...

Virgin Orbit Holdings Inc (NASDAQ: VORB) shares are falling Tuesday morning after the company's first attempt to launch satellites from British soil failed. What Happened: Virgin said the satellites reached space late Monday, but ultimately fell short of reaching target...

"The Office" was by far the most streamed TV show in 2021 according to Nielsen Holdings PLC (NYSE: NLSN). But did you realize one of the most famous and wealthiest investors in the world appeared on the show for a cameo? In season seven, episode 24, titled the “Search Committee,...

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk has multiple ventures apart from his flagship electric vehicle manufacturing business. Among them is SpaceX, which Musk founded in 2002, with the objective of reducing space transportation costs. What Happened: It now appears that Musk is unhappy with a...

After a trip to space last summer on his own rocket plane, Sir Richard Branson now wants to take another journey beyond the clouds, but this time in a SpaceX rocket. What Happened: Speaking to CNBC on Tuesday, Branson said he's ready for another trip to space in a rocket from the company...