I wonder how large is the market for this kind of trip? I think that I will buy some Carnival Cruise Line (CCL) instead.I bought my shares of TSLA right before the Model S went into production.
I'm going to buy some shares of Galactic because they are on the verge of history.
Kinda like how large of a market for a model s in 2012......
Right, this is about investing in companies pushing the boundaries for humanity. I'm not trying to get rich ASAP off this. This would be a long term investment like TSLA. If it can work and the company holds, then one day it will be worth something.Most airlines companies make profit by selling first class and business class tickets costing at least 10 time more than regular tickets.
In the case of a stratospheric flight, the argument is to be able to see the curvature of the earth.
But the number of window seats is limited, so how many passengers will be able to fly?
Currently the estimated ticket I believe is around $500k, how low would it have to be to become affordable.
They seem closer to making the dream become reality than any other company trying for space tourism right? So if we all agree we want to see space travel advance (besides SpaceX), investing in this company would help that mission....
I bought my shares of TSLA right before the Model S went into production. I'm going to buy some shares of Galactic because they are on the verge of history.
cool. Yeah, I'm not saying VG is THE thing, just that it will be one of the many companies in the space industries. It will be for those that do not want to live/go into space, but want to see what it's like. I'm sure there will be different levels of space tourism as we proceed into the future.
Jonas wrote, "With hypersonics now a key national security issue alongside the eventual commercial adoption of the technology, we believe the hypersonic industry is poised for growth."
Hypersonics?? Am I way behind on what VG is working to fly, or is Jonas an even bigger idiot covering space than EV?
And the said analyst and his employer can make loads of money in both directions, without getting caught.
Yeah, you wonder how much analysis is the analyst coming up with a true view of the company's prospects, and how much it is the company's traders asking for a piece that would take the stock in a certain direction. Reading Jonas's pieces, it seems like the latter. It's like he's realized it doesn't matter what he barfs up, he'll get paid the same regardless as long as it supports what the traders want to see.
SPCE continues to gain altitude, closing today at $19.72. Somehow Sir Richard has found a way to successfully launch SPCE, while he simultaneously manages to sit on an idle fleet of hangar queens. Or maybe it's Jonas conjuring up some magic mojo that he's using to massage naive investors.
From a Dow Jones article earlier today, ""Lately, we are having more conversations on SPCE than any other US stock in our coverage with the possible exception of Tesla," Morgan Stanley says. Investors are tracking the company as it is slated to have its first commercial flight by year end, according to the analysts. They also particularly appreciate the opportunity in high-speed point-to-point air travel, the firm says."
Maybe they could investigate which "year end" that first commercial flight might happen. Also, not sure what Morgan Stanley is smokin' if they're encouraging investors to believe that VG is anywhere close to "high-speed point-to-point air travel".
I have to agree. What is the market for a spaceplane that can take 6 passengers from New Mexico to London in two hours, but then has to wait two days for the White Knight carrier plane to get to London so it can launch to return? Not very large, methinks.That guy is partaking of some powerful mind altering substances to come to that conclusion.