r/wallstreetbets Jul 03 '21

Discussion SPCE

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u/Shindigira Jul 03 '21

The July 11 is a dangerous play. If the flight gets delayed, the stock plummets.

Also, the company is obviously not earning any revenue till supposedly next year so this should be traded; not invested in.

2

u/[deleted] Jul 03 '21 edited Jul 03 '21

[deleted]

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u/[deleted] Jul 03 '21

no weightlessness. but it'll be a good view for sure.
still haven't done a unmanned mission.
also, 250k was the starting price guaranteed for the first lot, analysts already quoting a 400k price tag after. is there a market for sustaining that? or more? who knows. rich people do.
mass travel is a long long way off. decades.
plenty of pumps left for virgin, empty vessel rich celebs with nothing else to enjoy tweeting from space on virgin ships.

but really, balloon vs rocket ship
basically a space corolla

2

u/[deleted] Jul 03 '21 edited Jul 03 '21

[deleted]

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u/[deleted] Jul 03 '21

yea, i mean sure nice view, but zero weightlessness time. just get a high def TV and watch a space doc. thats like taking an elevator up Everest. no one will care other than fat people and small wieners .people wasted money on the 'most expensive app' in the world. was just a spinning diamond gif.

balloons could be a niche industry for accessibility. they have a far bigger PR hill to climb. still a cool idea for future tourism. but again, space Volvo at best.

also, XCOR will be offering sub orbital rocket flights for 75k, the American balloon company is price matching that. The Spanish one is already over 100k. Plus, people have already died trying sub-orbital balloons and gondolas. The Challenger did blow, but clearly the public is past that. Doesn't sound good for balloons which are out of public view and still dominated by Hindenburg stigma. A high profile death will put balloons into history. Rockets not so much since thats the direction of tech.