Virgin Orbit Holdings (VORB) Stock

A new 3D-printed rocket engine created by Skyrora is undergoing testing in Scotland ahead of plans for launching it into space. The privately-owned rocket manufacturer created the engine using its Skyprint 2 machine, one of Europe's largest 3D printers.

Bankrupt satellite-launch company Virgin Orbit Holdings Inc. VORWQ, +28.79% is winding down operations after selling facilities, some equipment and other assets to at least three aerospace companies, including Rocket Lab USA Inc. RKLB, -8.69%, CNBC reported late Tuesday, citing a statement it obtained from Virgin Orbit. The company has filed for bankruptcy and earlier this month said it had received “over 30 indications of interest” from parties proposing to continue operations and retain current employees.

Bankrupt rocket company Virgin Orbit received a $17 million "stalking horse" bid for its modified 747 carrier jet and other aircraft assets on Tuesday.

Virgin Orbit has pushed back the deadline for rescue bids as the commercial satellite venture founded by Sir Richard Branson scrambles to avert bankruptcy.

Richard Branson's Virgin Orbit Holdings Inc. has told interested buyers to submit bids in the next three weeks to purchase the failed satellite launch company, The Washington Post reported on Thursday.

Dan Hart, Virgin Orbit CEO, joins 'Closing Bell: Overtime' to discuss the company's bankruptcy and bid to find a buyer.

Virgin Orbit Holdings Inc on Wednesday blamed a dislodged filter for its failed rocket launch in January and said it was planning a flight later this year as the issue has been fixed.

Virgin Orbit (NASDAQ: VORB ) stock is falling on Tuesday after the space travel company received a delisting notice from the Nasdaq Exchange. This delisting notice is the result of Virgin Orbit voluntarily entering Chapter 11 bankruptcy protection.

Here are some of the biggest stock movers on Tuesday.