Bullish
$SPCE Virgin Galactic will make $590 million in revenue and $274 million in earnings in 2023 if they only do what they’re almost certain to do. They have no debt, and $400 million in cash. If you simply put a 30x sales valuation on it, thats $17.7 billion. That‘s $80-90/share. That is only monies from flights of commercial passengers. Doesn’t include other sources of revenue.
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