Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

30
Why it’s not going bankrupt
Post Flair (click to view more posts with a particular flair)
Post Body

Felt this deserved a topic.

I think it’s important to remember Blue Origin isn’t a real competitor until they announce public sales on a larger scale.At the moment it’s a pet project of Bezos to get people to space.

VG is really the only player attempting this for the masses in a true sense near term.

Attracting saviours if bankruptcy nears even without Branson is not unlikely. The ability to get funding when you are 1 of two companies able to offer commercial tourism spaceflight won’t be impossible.

Branson knows it. The staff of amazing pedigree know it.

Bezos may have more funds personally. But, it’s been said his tech is more costly per flight. It’s likely costs have not been nailed down or they would offer a real firm price. The last public price per BO flight was 1.25 million each seat

https://spaceflightnow.com/2022/08/04/blue-origin-ns-22-live-coverage/

Basically burning money is part of the path to space tourism. Space travel is expensive. The fact of the matter is this path to space is eons ahead of what it cost even a decade ago by exponential factors.

No company is coming out with a cheaper method. And space travel is engrained in our collective imagination.

Keep in mind people pay 28 million a ticket for this stuff.

Attracting investors won’t be impossible imo. It’s not disappearing.

Also, with the CEO being a major player at Disney you can bet that alone is attractive.

The company has value.

Yes, it burns money like an actual rocket ship. Yes it took 20 years.

This has an unprecedented start up cost. No other company is coming out as a competitor soon.

It is risky. It’s the space of what Google X occupied and other projects with big payoff and a moonshot path to get there.

Yes, major funds ain’t risking it. Investors looking for risk at a cheap price will likely save it, if the situation gets dire.

If it was going to go bankrupt it would have happened before it was proven tech or close to commercial operations.

The market is not sane. It’s worth a lot for that alone.

A 20 year development phase is worth something.

If anything even the government has incentive to see this works.

You’re talking about major infrastructure if it succeeds and the birth of jobs,

The staffing of spaceports alone.

Look at what they poured into EV. It may not be eco friendly. But, you can always argue the benefits of space.

I would also argue that VG is offering what it can at a pricepoint that works.

Some argue that Blue Orbit is the better experience.

Better views and similar to what BO offers is a next step that doesn’t make sense for the 1st gen for VG.

Author
Account Strength
100%
Account Age
1 year
Verified Email
Yes
Verified Flair
Yes
Total Karma
22,573
Link Karma
3,608
Comment Karma
18,965
Profile updated: 1 day ago
Posts updated: 8 months ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
1 year ago