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

Ed Elson, a savvy media analyst, joins Scott to dissect the financial pitfalls of Virgin Galactic, arguing its business model is fundamentally flawed. They explore Amazon's unique deal allowing employees to use stock as home loan collateral, adding an intriguing twist to financial security. The conversation shifts to Instacart's revival in the grocery delivery market post-pandemic, suggesting it may be pivotal for the IPO landscape. The duo offers sharp insights into the evolving dynamics of both space travel investments and grocery delivery trends.