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...Richard Branson’s Virgin Orbit is in discussions with two financial investors about a potential buyout or fundraising after the British billionaire refused to inject more money into the rocket launch company...
...Virgin Galactic shares tumbled on Monday after Sir Richard Branson ruled out putting more cash into the space tourism company he founded....
...Sir Richard Branson has ruled out putting more money into his lossmaking space travel company Virgin Galactic, saying his business empire “does not have the deepest pockets” any more....
...While another Richard Branson is also synonymous with challenger brands, notably in telecoms via Virgin Mobile, there is no connection with the bearded billionaire....
...The airline, which is majority owned by Sir Richard Branson’s Virgin Group, on Wednesday said it had seen “sustained consumer demand” for flying on its network of long-haul flights....
...Sir Richard Branson’s Virgin Group, which owns a 14.5 per stake in Virgin Money, also indicated it would support a deal. If the deal is approved, Virgin Group’s stake would be worth more than £400mn....
...“Sustained consumer demand” across its network of long-haul flights was driving its recovery, according to the airline, which is majority owned by Sir Richard Branson’s Virgin Group....
...Its sale will benefit Sir Richard Branson, the owner of the Virgin Group, which owns a 14 per cent stake in Virgin Money set to be worth more than £400mn....
...Sir Richard Branson’s dream of launching rockets into space from under the wing of a converted 747 jet ended on Monday with rivals picking up Virgin Orbit’s assets for just over $36mn....
...Palihapitiya raised about 10 Spacs between 2020 and 2022 through Social Capital, which acquired companies, including Richard Branson’s Virgin Galactic, real estate group Opendoor and healthcare company Clover...
...Sir Richard Branson’s Virgin Group was heading for a “brand catastrophe” as a result of difficulties it encountered during the coronavirus pandemic, according to an internal company email cited in a $250mn...
...Amid great acclaim, the company listed on Nasdaq in 2021 via a special purpose acquisition company backed by Sir Richard Branson and its valuation topped $6bn....
...Sir Richard Branson’s Virgin Orbit has collapsed 15 months after the rocket launch company went public with a valuation of $3.7bn....
...Richard Branson’s Virgin Galactic has announced it will finally start commercial space operations later this month, ending a 19-year slog that has been plagued by accidents and technical challenges....
...The latter’s shareholders, including Richard Branson’s Virgin Group whose fee for using the Virgin brand will run on for four years, will get a 40 per cent premium to the average pre-bid share price if it...
...Shares in Sir Richard Branson’s Virgin Orbit tumbled more than 30 per cent on Friday after the rocket launch company said it was axing 85 per cent of its workforce having “ceased operations for the foreseeable...
...With 15 individually designed bedrooms, Hotel Corazón opens its doors in June — but the most keenly anticipated opening in this neck of the woods is the new hotel at Son Bunyola, Sir Richard Branson’s property...
...In a letter to Azerbaijan’s president Ilham Aliyev, executives including Sir Richard Branson, founder of Virgin Group, and Jesper Brodin, chief executive of Ikea parent Ingka Group, are urging Baku to uphold...
...As he mingled with Sir Richard Branson and UK government officials at a glitzy party that evening, the ramifications of Ferrovial’s decision became clear....
...But it was never really Richard Branson’s baby, say those who know the entrepreneur....
...Had he the outward blandness of, say, Richard Branson, he’d be taken for what he is: a brilliant man in his core domains, but no general-purpose sage and quite often banal in his obiter dicta....
...Sir Richard Branson, Virgin Atlantic’s co-founder on board the flight, said during the journey: “I was just thinking of my histories of firsts across the Atlantic and all my previous ones I’ve ended up being...
...Richard Branson’s Virgin Galactic, another billionaire-founded space company, has more recently also entered the race to make tourism beyond Earth a reality....
...Who wouldn’t want to invest alongside seemingly smart — and rich — businessmen and celebrities such as Richard Branson, Bill Ackman, Masayoshi Son, Chamath Palihapitiya, Michael Klein, Jay Z, Shaquille O...
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