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.

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U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

1 day ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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

#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

1 day ago

January 30, 2026

Harvey Vargas

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.

Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

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

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

3 days ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue