Virgin Galactic Has No Flights or Profits But Investors Love It

[Martin@AS Financial]

Interesting report from Bloomberg:

"At some point, Virgin Galactic could indeed become a very profitable company with near-daily space flights, high margins, a deep and affluent customer base and an early-mover advantage in the nascent field of crossing the Atlantic and Pacific in an hour or two via suborbital travel at hypersonic speeds."



https://www.bloomberg.com/news/artic...premium-europe

[scooterscot]

Same thing can be said of uber, wework, AMD... investors luv it though, losing money.

[AtW]

Branson is full of tulip - he is Virgin Cola *yuck* copycat at best, just prostituting his name - SpaceX is the real deal.

[AtW]

“ Virgin Galactic has the lead in the potential sub-orbital business of taking tourists on a brief joyride into space, said Steve Jorgenson, a general partner at Starbridge Venture Capital LLC and former hedge fund equities manager. But it lags in areas that can produce far bigger revenue.”

[Mordac]

Interesting report from Bloomberg:

"At some point, Virgin Galactic could indeed become a very profitable company with near-daily space flights, high margins, a deep and affluent customer base and an early-mover advantage in the nascent field of crossing the Atlantic and Pacific in an hour or two via suborbital travel at hypersonic speeds."



https://www.bloomberg.com/news/artic...premium-europe

He was brilliant at running trains to Manchester and back. Oh, hang on...that's not right, is it...