Stratolaunch, the company that was founded by the late Seattle billionaire Paul Allen in 2011 to build a flying launch pad for rockets, says it’s under new ownership.
The transition serves as the latest sign that Jody Allen — Paul Allen’s sister, who took control of his Vulcan Inc. holding company as the trustee and executor of his estate — is paring back and refocusing his many enterprises. Earlier this week, word spread that Vulcan was trimming a significant number of jobs.
Stratolaunch reported the ownership handover today on Twitter and its website, without saying who the new owner is. However, information gleaned from the grapevine at Mojave Air and Space Port, where Stratolaunch’s flight operations are based, suggests that private investors are playing a role.