Virgin Orbit to Go Public via SPAC

Founder Richard Branson spun off Virgin Orbit from Virgin Galactic in 2017. Long Beach-based aerospace company Virgin Orbit plans to go public in a merger with Boca Raton, Fla.-based NextGen Acquisition Corp. II, a special purpose acquisition company.The deal is valued at $3.2 billion. The company will be named Virgin Orbit Holdings Inc. and will … Read more