Money

Virgin Orbit set for NASDAQ launch

Published

4 years ago

August 24, 2021

Virgin Orbit is set to launch on the NASDAQ, following a merger with SPAC, NextGen Acquisition Corp

The satellite company owned by Richard Branson plans to merge with special purpose acquisition company, NextGen Acquisition Corp.

The merger, set to be completed by the end of 2021, will see Virgin Orbit list on the NASDAQ under the name “VORB.”

Richard Branson’s satellite launch firm, Virgin Orbit, to go public via SPAC merger!

Will you be investing in some shares? pic.twitter.com/MYwhIWTFju
— ticker NEWS (@tickerNEWSco) August 24, 2021

The deal will bring Virgin Orbit $483 million in new capital

$383 million will be stored in NextGen and $100 million from another round of funding. Virgin Orbit says of those investors in that round include Boeing but it’s unclear how much they’ve pitched in.

The $483 million will help Virgin Orbit ramp up “rocket manufacturing to meet customer demand, and to fund growth in its space solutions business and Virgin Orbit’s ongoing product development initiatives,” the company said in a press release.

“Our success in launch has driven the business forward, and now we expect this investment will enable us to build on our R&D efforts and our incredible team,”
Virgin Orbit CEO Dan Hart said in a statement.

Indications that Virgin Orbit would go public has been looming for months, mainly after reports emerged earlier this year that the company was shopping for a SPAC with which to merge, required the company to go public.

Related Topics:Business Featured trending

Up Next

ticker NEWS arrives in London with new bureau launch

Don't Miss

Musk’s Starlink project hits major milestone

Anthony Lucas

Click to comment

Money

Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

Published

3 days ago

January 7, 2026

Harvey Vargas

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#WallStreet #StockMarket #SP500 #DowJones #MarketRally #USMarkets #GlobalMarkets #TickerNews

Money

Dow hits record after U.S. military action in Venezuela

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

Published

4 days ago

January 6, 2026

Harvey Vargas

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.

Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.

Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#DowJones #StockMarket #Venezuela #Maduro #OilPrices #EnergyStocks #Geopolitics #TickerNews

Money

Wall Street eyes further gains in 2026 as rate cuts fuel optimism

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

Published

5 days ago

January 5, 2026

Harvey Vargas

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.

The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.

However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#WallStreet #StockMarket #USMarkets #InterestRates #Investing #MarketOutlook #Ticker #FinanceNews