You Searched For "virgin orbit spac merger" and got 20 results
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1 min read
Richard Branson's Virgin Orbit to go public in SPAC merger valuing the satellite launch company at $3.2 billion
Virgin Orbit in January took 10 small satellites to Earth's orbit for NASA in its first successful …
Carla Mozée
1 min read
Billionaire Richard Branson's Virgin Orbit has reportedly hired bankers to go public via SPAC merger
Billionaire Richard Branson is aiming for a $3 billion valuation, banking on Virgin Orbit's success…
Isabelle Lee
2 mins read
Richard Branson's Virgin Orbit rocket firm files for bankruptcy
It failed to secure funding to continue operations.
Huileng Tan
3 mins read
Chamath Palihapitiya's 4 blockbuster SPAC mergers have tumbled 32% this year as investors ditch flashy growth stocks
Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billion…
Harry Robertson
1 min read
Space exploration company Intuitive Machines soars 259% following SPAC merger as investors revive 2021 playbook
Part of its vision includes creating infrastructure needed to sustain life on the moon. The company…
Matthew Fox
2 mins read
A score of SPAC merger companies that listed during the boom are warning they probably won't survive much longer
More than 25 companies that listed via blank-check merger over the past two years have warned they …
George Glover
3 mins read
What went wrong at Virgin Orbit? 4 red flags signaled trouble for Richard Branson's satellite launch firm.
Richard Branson's Virgin Orbit filed for bankruptcy protection after laying off staff, not securing…
Kate Duffy
2 mins read
Long-term projections by some SPAC stocks are proving to be wishful thinking as Virgin Galactic misses 2021 revenue target by 98%
Nikola said during its SPAC IPO that it expected to generate about $150 million in revenue in 2021.…
Matthew Fox
2 mins read
Billionaire Chamath Palihapitiya, who helped take Virgin Galactic public via a SPAC, has stepped down as the spaceship company's chairman
Palihapitiya said he's leaving Virgin to "focus on other existing and upcoming public board respons…
Shalini Nagarajan
2 mins read
Social Capital SPAC led by billionaire Chamath Palihapitiya will merge with Clover Health in $3.7 billion deal
The healthcare company "will build large market adoption and shareholder returns" by lowering patie…
Ben Winck
2 mins read
Luxury gym chain Equinox is in talks to go public via merger with Chamath Palihapitiya-backed SPAC
A potential transaction could value Equinox at more than $7.5 billion, according to a Bloomberg rep…
Matthew Fox
2 mins read
The $166 billion of SPAC deals in the 1st quarter exceeds all of 2020
Mergers conducted through SPACs are taking a bigger bite of the overall M&A market, according to a …
Carla Mozée
1 min read
'SPAC king' Chamath Palihapitiya is planning a $1 billion listing of a climate company, according to reports
The billionaire investor's new vehicle won't be a SPAC, but it will aim to make several acquisition…
Theron Mohamed
7 mins read
A SPAC is a high-risk but potentially profitable way to get in on the ground floor of a new stock — here's everything investors need to know
A SPAC (Special Purpose Acquisition Company) is a company created solely to buy another firm and ta…
Martin Daks
2 mins read
Former House Speaker Paul Ryan joins 'blank-check company' craze with $300 million IPO, report says
Founders will face a three-year waiting period before they can sell shares, The Wall Street Journal…
Ben Winck
2 mins read
Rocket Lab agrees to go public via SPAC merger with Vector Acquisition, valuing the space-transport startup at $4.1 billion
The deal is expected to close in the second quarter. Vector will change its name to Rocket Lab and …
Isabelle Lee
2 mins read
SoFi is soaring in popularity on Reddit as retail investors look for opportunities in the fintech company following its merger with a Chamath Palihapitiya-backed SPAC
Retail traders are bullish on the stock because of a high short interest and the end of the lockup …
Natasha Dailey
1 min read
Virgin Galactic surges 47% as Richard Branson's space tourism company preps first commercial flight
After years of delays, Virgin Galactic said the first flight will take place on June 27, with anoth…
Max Adams
2 mins read
Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest
The senators said industry insiders can "take advantage of ordinary investors" such as making "over…
Isabelle Lee
2 mins read
Richard Branson is reportedly working on his first European SPAC after launching 2 companies through blank-check firms in the US
Sky News said Branson's business is working with bankers on the European SPAC, which could be annou…