Why Virgin Galactic’s Space Tourism Ambitions May Not Convince All Investors

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Video: Richard Branson’s trip to the edge of space opens the door to space tourism, but is Virgin Galactic’s long-term vision too down to Earth for space-loving investors?

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Virgin Galactic founder Richard Branson successfully rockets to outer spaceRichard Branson became the first person to ride into space aboard a rocket he helped fund. The supersonic space plane developed by his company, Virgin Galactic, roared into the sky over New Mexico early Sunday, carrying Branson and three fellow crewmembers. 👏👏👏 🍁Sir Richard did it on the cheap with a 'lawn dart' thingy that looks like it was built by a Brit in his back yard on weekends. Good On' em. 👍🚀 Alternative headline: The lengths billionaires will go to avoid paying taxes.
Source: CNN - 🏆 4. / 95 Read more »

Richard Branson Lands After Virgin Galactic Space TripThe billionaire entrepreneur reached the edge of space and landed successfully after a flight that traveled more than 50 miles above Earth, in a venture expected to spur development of a space-tourism industry. You mean like Yuri Gagarin did 60 years ago? Well, a monkey did it before that. What the hell is this? First guy into space with so much money he doesn't know what to do with himself? This is the 2021 Income Disparity Olympics, more ostentatious than a gilded mansion in Newport. “Space tourism” for billionaires. Eat the rich
Source: WSJ - 🏆 98. / 63 Read more »

Virgin Galactic's rocket reaches space with Richard Branson on boardThe suborbital trip edges out fellow billionaire and Amazon founder Jeff Bezos, who is planning a similar feat July 20 with his company, Blue Origin. Can he stay there? Edge That's a carnival ride. Unity22 Historic day! But the live event missed the opportunity. 1) let the product do the mkt= More live feeds of the experience. 2) set expectations. It's hard on the tech side to have live feeds. We get it now. Tell us in advance what to expect. 3) don't do blatant cross sell
Source: NBCNews - 🏆 10. / 86 Read more »

Richard Branson Lands After Virgin Galactic Space FlightThe billionaire entrepreneur reached the edge of space and landed successfully after a flight that traveled more than 50 miles above Earth, in a venture expected to spur development of a space-tourism industry. When your ego is so big that Earth simply won't hold it. For multimillionaire & billionaires
Source: WSJ - 🏆 98. / 63 Read more »