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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

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Virgin Galactic's Financial Struggles and Space Travel Viability

This chapter analyzes Virgin Galactic's challenging financial situation following a significant net loss and disappointing revenue projections. The conversation delves into the skepticism surrounding the company's space tourism ambitions and the inherent risks in investing in nascent technology like supersonic flight. Additionally, it contrasts the allure of space exploration with the more promising prospects of space hauling, while also addressing public sentiment towards the financial and emotional aspects of space travel.

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