Virgin Orbit Aiming for Valuation of About $3 Billion in SPAC Listing - DJ

March 12, 2021 12:12 PM EST

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(Updated - March 12, 2021 12:16 PM EST)

Virgin Orbit is aiming for valuation of about $3 billion in a listing via a special purpose acquisition company, according to a report from Dow Jones, citing sources. It seeks to list via a SPAC, but hasn't settled on a partner.

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