17min 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

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode