VIRGIN ORBIT DEAL TODAY IN TEXAS!! VORB - Virgin Galactic WATCHES ON - Martyn Lucas

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VIRGIN ORBIT DEAL TODAY IN TEXAS!! VORB Virgin Galactic WATCHES ON

Virgin Orbit raising $200 million from investor Matthew Brown, closing deal as soon as Thursday

Virgin Orbit is in final talks to raise funds from Texas-based investor Matthew Brown, amounting to an injection of $200 million.
Virgin Orbit and Brown began deal talks last week, around the same time the company announced it was pausing operations and furloughing most employees to seek a financial lifeline.
Brown would get a controlling stake in the rocket builder through the deal, which could close as soon as Thursday.

Will will find out if Virgin Orbit has gone bankrupt this week. Also major worries now for Virgin Galactic.

Virgin Orbit Holdings, Inc. builds and operates flexible and responsive launchers. The firm also developed a proprietary air-launch technology, coupled with world-class manufacturing infrastructure and a proven team to transform space access for a diverse and global customer base. Its LauncherOne satellite renders services for commercial and government-built small satellites. The company was founded on January 11, 2021 and is headquartered in Long Beach, CA. The listed name for VORB is Virgin Orbit Holdings, Inc. Common Stock.

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Mr Lucas if it goes bankrupt we cannot buy shares correct?

moemoney
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Martin did I hear you right? Virgin Orbit is not way better than Rocket Lab. Rocket Lab is only second to Space X. I think you need to look into RKLB over VORB.

JChaotic
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When Mr Brown decides to inject $200M, that's a big catalyst so the price will go up beyond today. You'll get ur 44c or 20c if Mr Brown doesn't invest.

peanutbrain
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Virgin Orbit taking a dump. I think i will buy again around 0.40.

moemoney
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Good luck! I’ll say it first this time. 😊

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