I can be quite dismissive of someone or something without hating them. Case in point...You agree you were being dismissive of Virgin Galactic. But you don’t think being dismissive is at anyway similar to hating. OK….
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I can be quite dismissive of someone or something without hating them. Case in point...You agree you were being dismissive of Virgin Galactic. But you don’t think being dismissive is at anyway similar to hating. OK….
You agree you were being dismissive of Virgin Galactic. But you don’t think being dismissive is at anyway similar to hating. OK….
Defintions:But you don’t think being dismissive is at anyway similar to hating.
Hating: to feel strong dislike for or hostility toward
Clearly very different.Dismissive: showing indifference or disregard
Getting schooled in pedantry right here….Defintions:
Clearly very different.
The company says that its first ”commercial” flight will take place next week, and the second in August.Shares in Virgin Galactic came under pressure after it disclosed plans to raise another $400 million in funding as it prepares for its first commercial space flight next week.
Sir Richard Branson’s suborbital tourism business intends to bolster its cash pile by selling more shares, having already raised $300 million via a separate offering that began last August.
…shares dropped sharply yesterday, falling $1, or 18.4 per cent, to close at $4.34 in New York last night, as investors weighed up the plan for its latest fundraising. The group ended March with a cash pile of $874 million, down from about $949 million at the end of December.
Scott's a pilot, so he's particularly susceptible to that sort of thinking.Scott Manley gushing about how cool it is that humans actually control this vehicle. I do not share his enthusiasm.
And to be fair, he repeatedly acknowledges in the video how his enthusiasm for flying planes influences how he views the Virgin Galactic vehicle. Also, he covers terrible accidents that are part of the history of the vehicle, including the worst one which was entirely due to an inexplicable mistake by the co-pilot.Scott's a pilot, so he's particularly susceptible to that sort of thinking.
Inexplicable, but probably due to not enough training drills.And to be fair, he repeatedly acknowledges in the video how his enthusiasm for flying planes influences how he views the Virgin Galactic vehicle. Also, he covers terrible accidents that are part of the history of the vehicle, including the worst one which was entirely due to an inexplicable mistake by the co-pilot.
Maybe, but to me what needs to be removed from the equation is the human factor. SpaceX has done that and so far has a perfect safety record with Crew Dragon, whose crews don’t need to do anything to get to LEO and back without dying. Well, they do need to close and then open the hatch.Inexplicable, but probably due to not enough training drills.
The plan to become profitable is to build a new class of vehicle that will be less expensive and have a quicker turnaround time.…the company's burn rate is rather high. Virgin Galactic reported a quarterly loss of $134 million. Some of that is due to investments in developing a future line of spaceships, but the company also has 1,100 employees, so a majority of the expenditures are on its headcount in New Mexico and California. Very roughly, this means that without additional funding, Virgin Galactic will run out of money in less than two years.
My personal opinion is that at $250,000 for a ticket that gets you about 3 minutes of weightlessness in space, the market isn’t there to support 400 flights/year with 6 passengers/flight. That’s 2,400 people. Every year.Virgin has bet its future on the Delta ships. They will carry six passengers, not four, and are intended to fly once a week. With a fleet of them, Virgin aspires to fly 400 times a year, allowing it to reach profitability.
The probability the company will survive seems very low…The company must also find the resources to build additional carrier aircraft, as VMS Eve is now 15 years old. The company's current hangar can accommodate a handful of ships, so it will also need even larger facilities to handle more spacecraft. These are all major investments for a company that lacks substantial revenue.