2min chapter

The Prof G Pod with Scott Galloway cover image

Prof G Markets: Virgin Galactic is Going to Zero, Stock as Collateral + Instacart & the IPO Market

The Prof G Pod with Scott Galloway

CHAPTER

Is Virgin Galactic a Better Business?

Virgin Galactic said that they expect the first consumer space flights to happen in the second quarter of 2023. I think anything with the term virgin on it is primarily a vessel for transferring money from retail investors to a struggling airline or cruise ship line owned by a very charming and fascinating entrepreneur out of the UK. The whole space thing, there's space tourism, which is a stupid business mobile way. There's space exploration, which isn't space exploration at space execution. And then you have space hauling. It's just an entirely different game.

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