How Richard Branson’s Satellite Launch Startup Failed | What Went Wrong ...WSJ explains what led to the Virgin Galactic spinoff’s collapse.

 

16,367 views May 5, 2023 #VirginOrbit #RichardBranson #WSJ

Richard Branson’s Virgin Orbit has failed to take off after being deemed a promising satellite-launch startup. The business made a big bet on using Boeing 747s to launch satellites into space, but that bet hasn’t paid off. The company filed for bankruptcy in April, after launch issues and a changing satellite market caught up with it. WSJ explains what led to the Virgin Galactic spinoff’s collapse. 0:00 Virgin Orbit’s big bet on launching satellites from airborne 747s 0:44 Background on Branson’s Virgin Galactic 3:04 Virgin Orbit spins off of Virgin Galactic 5:14 Virgin Orbit’s downfall What Went Wrong explores the challenging conditions and decisions that led to a company's downturn. #VirginOrbit #RichardBranson #WSJ