I have no postions in Virgin galactic or anything in the aerospace/spaceflight industry.
I asked r/virgingalactic a while back and I could not get a concrete answer
Several side questions...
How many planes does Virgin expect to build and operate?
What flight cadence do they need to hit to be profitable? At a $1.5 mill revenue/flight, I expect them to fly quite often to make a profit.
What will this all cost? Who's paying? Stock offer?
Do they have a plan? I listened to their CEO's interview and he just gave the usual corporate jargon.
I follow the Electric Car industry, primarily Tesla and 1 thing I have learned is that companies fail/struggle when it comes time to scale production/their business. Hell, the Model 3 ramp nearly killed Tesla.
Perhaps I didn't do enough research but I don't see a masterplan of sorts to get to profitablity. If you have anything just throw it in the comments, I'll read.
Submitted May 25, 2021 at 08:05PM by AIIAIIA https://ift.tt/2SvXTZB
