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Branson’s Virgin Orbit to list via SPAC merger at $3.2 billion valuation By Reuters



© Reuters. FILE PHOTO: Richard Branson, founding father of Virgin Group, poses for {a photograph} on board of his new cruise liner, the Scarlet Girl at Dover Port in Dover, Britain, February 21, 2020. REUTERS/Simon Dawson

(Reuters) – Virgin Orbit, the small satellite tv for pc launch service which is part of billionaire Richard Branson’s conglomerate, mentioned on Monday it’s going public via a merger with a blank-check car in a deal that values it at $3.2 billion.

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