Long Beach's Virgin Orbit sets to go public via $3.2bn SPAC merger - NewsBreak

Virgin Orbit, the Long Beach, California-headquartered company backed by British billionaire businessman Richard Branson that provides launch services for small satellites, had decided to go public through a merger with an SPAC (Special Purpose Acquistion Company) or blank check company in a deal what could value the combined entity at $3.2 billion.