Bearish
$SPCE Flights were first announced to start in 2011, we are now in 2020 and they have completed a total of 2 successful test flights to space to date. MS bull case estimates ~3k passengers by 2030, at a ticket price of 300k, that's 900m or 90m a year in revenue. That's currently a PE of 27 before its even taken off with a single passenger. Oh and it burns 200m cash each year.
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