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[Post 753] How Richard Branson’s Satellite Launch Startup Failed | What Went Wrong | WSJ
By Sonicericsg  •  May 12, 2023
Summary 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...
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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