News and Analysis

Virgin Orbit targets $200m for funding: WSJ

Virgin Orbit is seeking to raise up to $200 million in a funding round that could put Richard Branson's satellite-launch business at a valuation of $1 billion, reported the Wall Street Journal.

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Virgin Orbit is seeking to raise up to $200 million in a funding round that could put Richard Branson’s satellite-launch business at a valuation of $1 billion, reported the Wall Street Journal. The news outlet noted that this past August Virgin Orbit had hired LionTree Advisors LLC and Perella Weinberg Partners LP to look at potential financial transactions.

Source: WSJ