All posts tagged: bankruptcy

Aimed for space — crashed on the stock exchange

SvD Näringsliv

This analysis was first published in SvD Näringsliv, in Swedish, on April 5th, 2023. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. Virgin Orbit is filing for bankruptcy. The story of how the company was listed on the stock market is part of a larger tale about a financial instrument that created enormous expectations — and has now largely collapsed. Richard Branson said that he started an […]