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Prof G Markets: Virgin Galactic is Going to Zero, Stock as Collateral + Instacart & the IPO Market
The Prof G Pod with Scott Galloway
Is Virgin Galactic a Better Business?
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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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