Spaceflight @sh.itjust.works threelonmusketeers @sh.itjust.works 2w ago

Virgin Galactic seeks to raise money to accelerate growth of spaceplane fleet

spacenews.com Virgin Galactic seeks to raise money to accelerate growth of spaceplane fleet - SpaceNews

Virgin Galactic is proposing to raise $300 million in additional capital to accelerate production of suborbital spaceplanes and a mothership aircraft.

9 comments

That's remarkably cheap.
- And remarkably non-existent? They talk about fleets when they can barely scrape together a single airframe that doesn’t fall apart
  
  Which of VG's airframes fell apart?
Maybe they'll con someone into it. Or pull an Astra, go private, and then con someone new.
- You don't think their current business model is viable?
  
  What business?

9 comments