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after going public in late 2021 amid the excitement of a new space race rocket Builder and small satellite launch of Virgin orbit is now in a deal in Deal talks to avoid a bankruptcy thats ing to reports from CNBC it says virgin and orbit senior leadership held talks with investors throughout the weekend people familiar with Virgin orbit told CNBC one possible buyer bulk did a proposed sale price of nearly 200 million dollars which is just below the companys market value as of Fridays close now if the company cant find a buyer her bankruptcy filing could come as soon as this week during an all hands meeting last week virgin orbit CEO Dan Hart told employees that the company hopes to give an update on the situation as soon as Wednesday however analysis by CNBC finds that many of Virgin orbits roughly 750 employees are already looking elsewhere for openings as virgin Aubrey prepares its restructuring plans in the event of insolvency