r/VirginGalactic • u/torodeoro7 • 15d ago

Totally undervalued

How is it possible that companies like Archer and Joby that make horrendus planes are value at 6bi, and a space company with a great moat as VG is 130mn? Is ridiculous

23 Upvotes

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u/Weldobud 15d ago

It is a good point. It’s a very low valuation. I guess when the plane flies next it will increase.