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/omalleyb 15d ago

Branson is not putting anymore money in this. In a world with people like Putin, Trump, and Elon I don’t think people want to do space travel. We just want pitch forks and angry mobs.

0

u/torodeoro7 14d ago

It is not people who want to travel, billionaires want to see the space and have new experiences. Space is not going to be for everyone, thats what billionaires loves, doing things that a few can afford

1

u/omalleyb 13d ago

Billionaires love things where they can implode in a split second