Global News published this video item, entitled “How Richard Branson’s Virgin Orbit rocket firm plummets into bankruptcy” – below is their description.
Virgin Orbit, billionaire Richard Branson’s satellite launching company, has filed for Chapter 11 bankruptcy protection.
The filing comes less than two years after Virgin Orbit launched at a valuation of roughly US$3 billion.
Branson is no stranger to high-profile business failures, including Virgin Brides, Virgin Cars and Virgin Cola.
Mike Armstrong explains how the British entrepreneur’s venture fell back to Earth.
For more info, please go to https://globalnews.ca
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews
Global News YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
