Branson’s Virgin Orbit files for bankruptcy, to seek buyer

New York Post ^ | April 04, 2023

[yuleeyahoo]

There are several Islamic countries that could acquire them.

[Vendome]

Well, he’ll never be president

[RedMonqey]

I’ve fired a few bottle rockets in my youth.

Does that count?

[Larry Lucido]

You’ll be head engineer.

[JustaTech]

It was a niche operation, just small-payload missions launched from an aircraft, like Pegasus.
Turns out the economic advantage of air-launch wasn’t enough to underpin the business.

[Yo-Yo]

Branson, Bezos, and Musk. What is it about billionaires that make them want to build rockets?

[SaveFerris]

Kinda figured unmanned - thanks for the info

[Alas Babylon!]

So what happens to the SpaceShip2?

[TexasGator]

“Branson was the only one using it to launch a sub-orbital, up and down tourist ride. NM taxpayers likely will now pick up the cost for its upkeep.”

This is Virgin ORBIT. Launched from Britain.

[george76]

Government grants $$$

[SaveFerris]

Brain Science!!!

[Ledgerfreedom]

That’s Virgin Galactic, a separate entity from Virgin Orbital. As far as anyone knows, the human launching Galactic part is still going. But this doesn’t bode well.

[TexasGator]

“So what happens to the SpaceShip2?”

Different company.

[SaveFerris]

I think it’s gonna be a long, long time...

(just kidding)

😛

[Uncle Lonny]

The old hippie needs to get a haircut.

[Alas Babylon!]

I know, but so is Chevrolet and Cadillac. Still GM at the top.

[RayChuang88]

They may not have a buyer. SpaceX is already too busy with its own projects, United Launch Alliance is developing the Vulcan rocket, and Sierra Nevada is too busy developing Dream Chaser.

[E. Pluribus Unum]

For some reason he reminds me of David Geffen.

[RedMonqey]

(snicker, snicker)

[6ppc]

Launching from Texas. Go to spacex.com and watch the live stream.