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.
0:00 Virgin Orbit’s big bet on launching satellites from airborne 747s
0:44 Background on Branson’s Virgin Galactic
3:04 Virgin Orbit spins off of Virgin Galactic
5:14 Virgin Orbit’s downfall
What Went Wrong explores the challenging conditions and decisions that led to a company's downturn.
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