Bullish
$SPCE Virgin Galactic expects to have five spaceships operating by 2023, shuttling approximately 1,500 customers annually. From there, the sky is the limit for those who can pay. And for those who can’t, the company plans to bring costs down by building spaceships faster, cheaper, and more efficiently. It has already started instituting manufacturing efficiencies in the spaceship and rocket production process, said George Whitesides, Virgin Galactic CEO. So, how much will a ticket eventually cost once the Virgin Galactic reaches scale? “I think, you know, if we have 20 or 30 spaceships or something, we will, you know, in 20 years time, the price will come down dramatically,” said Branson, declining to specify.
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