So I've given it about six months and there have been no posts. To everyone who followed along from the Launcher One days through the spinoff as an independent company, all the way through to the shut down, thank you all. It's time to close the book on Virgin Orbit, so I'm going to disable the ability to post here and leave the sub up for future Google queries and any possible historical interest. Good luck, and good night.

I have this comic from the virgin orbit kernow launch in Cornish still sealed does anyone know if it is worth anything

Wondering if we are supposed to be getting one?

The news for Virgin investors, maybe for some of you would be useful.

So, as you remember (if you weren't born yesterday tho) Virgin Galactic had big plans for commercial flights, but in August last year, they delayed those space trips to H1 2023, after that SPCE dropped.

And also Virgin Galactic said the ships they built didn't quite match the drawings actually. The Canaccord Genuity analyst added that the engineering team noticed some weird measurements, causing changes and a downgrade in the price target.

In short, they painted a picture of success, talking about a system ready for passengers, but it turns out they might not have had accurate engineering drawings for Unity or Eve.

So, at this point investors have filed a lawsuit and if you held Virgin or damaged somehow you can check it. Hope it'll help y'all.

Pretty interesting article:

https://lbbusinessjournal.com/aerospace/rocket-lab-virgin-orbit-long-beach/

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Rocketlab says Virgin Orbit was massively overcapitalised.

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“For every one [piece of equipment] we have here, there might be five over there,” Spice said, comparing his company’s headquarters to the old Virgin Orbit facility. “I think they took a ‘Jurassic Park, spare no expense’ approach.”

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It seems like Virgin Orbit just had a terrible strategy of ramping up to a massive scale without actually proving the product or market, which was doubly crazy when they didn't raise the money that they expected from their SPAC.

I hope everyone is doing good if not even better than we were at before

When to expect an update on the possible debt forgiveness? Any idea? Best P

Literlaly only way I think of for Virgin Orbit to continue as a company. Double SPACs are a reality but would be highly unsual for a company which has filed for Chapter 11 bankruptcy and been forcefully delisted. Given that the company's CEO (Dan Hart) recently held a company meeting in which he outlied their intent to return to flight, I feel a double SPAC merger would be the best way forward for the company.

What do the Form 3's from Jill Kathleen Frizzley and Alan Jeffery Carr (so far) mean? Are they Ch 11-specific Directors?

[Context: I am a space fanatic who expects 95%+ of my speculative space investments to crash--sometimes literally--and still waiting for one of the < 5% 'ers to pop up its head. I only dumped a few grand ($'s for my non-US friends) into this so I am following its "trajectory into the dirt" as an education opportunity.]