Richard Branson's Virgin Orbit is letting go of almost its entire work force with the satellite launch company finding it difficult to secure funding three months after a failed mission.
Richard Branson attends the HBO docuseries "Branson" premiere at the HBO Screening Room on Nov. 29, 2022, in New York.Â
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Photos: Billionaire Richard Branson reaches space in Virgin Galactic ship
Virgin Galactic founder Richard Branson, right, blows a kiss to school children before heading to board the rocket plane that will fly him to the edge of space from Spaceport America near Truth or Consequences, New Mexico, Sunday, July 11, 2021. (AP Photo/Andres Leighton)
Virgin Galactic founder Richard Branson bump fists with a school boy before heading to board the rocket plane that will fly him to the edge of space from Spaceport America near Truth or Consequences, New Mexico, Sunday, July 11, 2021. (AP Photo/Andres Leighton)
Sirisha Bandla, Virgin Galactic's Vice President of Government Affairs and Research Operations, and one of the passengers accompanying Richard Branson, waves to the crowd before heading to board the rocket plane that will fly them to space from Spaceport America near Truth or Consequences, New Mexico, Sunday, July 11, 2021. (AP Photo/Andres Leighton)
Virgin Galactic founder Richard Branson waves good bye while heading to board the rocket plane that will fly him to space from Spaceport America near Truth or Consequences, New Mexico, Sunday, July 11, 2021. (AP Photo/Andres Leighton)
Virgin Galactic founder Richard Branson is greeted by school children before heading to board the rocket plane that will fly him to the edge of space from Spaceport America near Truth or Consequences, New Mexico, Sunday, July 11, 2021. (AP Photo/Andres Leighton)
Special guests chat as they wait for Virgin Galactic founder Richard Branson's launch to space aboard his own rocket ship near Truth or Consequences, New Mexico, Sunday, July 11, 2021. (AP Photo/Andres Leighton)
The rocket plane carrying Virgin Galactic founder Richard Branson and other crew members takes off from Spaceport America near Truth or Consequences, New Mexico, Sunday, July 11, 2021. (AP Photo/Andres Leighton)
The rocket plane carrying Virgin Galactic founder Richard Branson and other crew members takes off from Spaceport America near Truth or Consequences, N.M. Sunday, July 11, 2021. (AP Photo/Andres Leighton)
The rocket plane carrying Virgin Galactic founder Richard Branson and other crew members flies toward space from Spaceport America near Truth or Consequences, N.M., Sunday, July 11, 2021. (AP Photo/Andres Leighton)
The Virgin Galactic rocket plane is released by the mothership heading to space with founder Richard Branson on board seen from Spaceport America near Truth or Consequences, N.M., Sunday, July 11, 2021. (AP Photo/Andres Leighton)
The Virgin Galactic rocket plane is released by the mothership heading to space with founder Richard Branson on board seen from Spaceport America near Truth or Consequences, N.M., Sunday, July 11, 2021. (AP Photo/Andres Leighton)
The Virgin Galactic rocket plane is released by the mothership heading to space with founder Richard Branson on board seen from Spaceport America near Truth or Consequences, New Mexico, Sunday, July 11, 2021. (AP Photo/Andres Leighton)
The Virgin Galactic rocket plane, with founder Richard Branson and other crew members on board, lands back in Spaceport America near Truth or Consequences, N.M., Sunday, July 11, 2021. (AP Photo/Andres Leighton)
Members of Richard Branson's family and friends watch as the Virgin Galactic mothership and rocket plane gain speed as it moves down the runway of Spaceport America near Truth or Consequences, New Mexico, on July 11, 2021. Branson and five crewmates reached an altitude of about 53 miles (88 kilometers) over the New Mexico desert — enough to experience three to four minutes of weightlessness and see the curvature of the Earth. (AP Photo/Susan Montoya Bryan)
