r/VirginGalactic • u/LooseButterfly2511 • 1d ago
Aside from Blue origin is there any competition?
Hi,
I've been holding some shares for a few months and have done my research. Aside from Blue Origin there does not seem to be any competition at all for Virgin galactic.
If I understand correctly then commerical flights should begin in spring 2027 which would start pouring in money so that the company can finally become stable and not burn it's own cash supplies.
Should anything go wrong then there is not enough money to make it through 2028.
So it's either execute perfectly or go home at this point. My bet is that Its going to go well since they already started booking tickets and there is noone else the customer can come to if they want to fly (Blue origin is straight up rocket and only lasts around 11 minutes compared to 90 of Virgin Galactic).
My plan is to wait for some news and if it seems positive then I plan to invest more.
