Richard Branson Jumps In On Billionaire SPAC Gold Rush: Virgin Hope To Raise $480 Million With NYSE Listing

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What do Richard Branson, Playboy, and the owner of Aston Villa Football club have in common? They’ve all made big moves in the “blank check” market this week.

AFP via Getty Images

Branson has been modernizing the Virgin portfolio, with recent investments in Agilyx, a difficult-to-recycle waste plastics company founded in a garage in Longview, Washington, and BMR, a wind power venture focused on the West Indies and Latin America. After the pandemic grounded Branson’s Virgin Atlantic fleet and threatened his business empire, the focus is shifting back towards innovation and high-growth entrepreneurship.

His Pershing Square Tontine Holdings Ltd has seen its share price rise from IPO price of $20, to $22.10 at the close of trading yesterday, despite the stock representing little more than a promise made to an otherwise nameless business.

Source: News Formal (newsformal.com)

 

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Playboy with that face? Jesus, sense of esthetic is lost!

branson the pedo lover

Congratulations🎉🎉🎉 I'm next in line please.

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