Founding a space exploration company was perhaps an unsurprising step for Mr. Branson, who has made a career — and a fortune estimated at $6 billion — building flashy upstart businesses that he promotes with a showman’s flair. What became his Virgin business empire began with a small record shop in central London in the 1970s before Mr. Branson parlayed it into Virgin Records, the home of acts like the Sex Pistols, Peter Gabriel and more. Virgin Galactic was announced to much fanfare in 2004 with the promise of creating a space tourism company with style. Virgin Orbit, a spinoff of that company that launches small satellites from a jumbo jet, came 13 years later. Virgin Orbit, now separate from Virgin Galactic, has carried payloads to orbit twice this year.

Source: New York Times July 11, 2021 13:18 UTC