WebbBart
2023-04-07

$Virgin Orbit Holdings Inc.(VORB)$ Virgin Investments, one of Virgin Orbit’s sister companies, will inject $31.6m into the satellite launcher to help it stay afloat while the business searches for a new owner. Virgin Orbit said it planned to pay its suppliers and vendors “to the fullest extent possible” and was committed to working with customers to try to find a buyer “able to continue to fulfil their needs”. Would that be $Virgin Galactic(SPCE)$ another stock headed for bankruptcy.

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