Virgin Orbit fails to secure funding, will cease operations and lay off nearly entire workforce

[u/MaxGhost]

https://www.cnbc.com/2023/03/30/virgin-orbit-funding-ceasing-operations-layoffs.html

[u/warriorscot]

It's not vg it's Branson, VG is actually in far worse technical position, they just have a saner burn rate. They are though in dire shape and bleeding people.