It's official. Virgin Orbit is history -- and won't be rising from the ashes ever again.

Virgin Orbit, Sir Richard Branson's airplane-assisted satellite-launching venture -- as distinguished from Virgin Galactic (NYSE: SPCE), which launches human tourists to space -- had a good run, launching six rockets in the general direction of space over the past three years. Four of those six rockets actually made it into orbit -- but the last one didn't.

And that's where things started to go really wrong for Virgin Orbit.

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Source Fool.com