Virgin Orbit in discussions over possible buyout, FT reports

Richard Branson’s Virgin Orbit is in talks with two financial investors about a possible buyout or fundraising after Branson declined to inject more money into the rocket launch company, the Financial Times’ Peggy Hollinger, Clive Cookson, and Maxine Kelly reports. CEO Dan Hart is seeking to secure emergency funding to keep the company above water until it can prove its launch system following a failed mission in the U.K. earlier this year, the authors note. Reference Link