Virgin Galactic thoughts | Value Investing News

Virgin Galactic thoughts

  • When reading the news, my initial reaction was that IPOA would jump to the roof, as the market itself (space tourism) is relatively untapped from a publicly traded perspective.
  • IPOA was going to receive 49% of the Virgin Galactic entity.
  • There doesn’t appear to be a lot of ‘repeat’ value in these types of trips unless if they can make them similar to SpaceX’s vision of a 1 hour trip to anywhere on earth (which, if reliable and repeatable, I could see a true market for – it won’t happen because of noise pollution).
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