Virgin Galactic's Secret Weapon (worth billions) | SPCE Stock Weekly News

Published on June 29, 2021

Best reviews about day Trading, Where To Buy Penny Stocks, and Why Is Spce Stock Going Down, Virgin Galactic's Secret Weapon (worth billions) | SPCE Stock Weekly News.

Hey everyone, in this video I will be discussing Virgin Galactic’s Secret weapon(worth billions), and a brief SPCE stock weekly news update

Timestamps:
0:00:00 – Intro
0:00:24 – What we’re covering
0:01:50 – Rolls-Royce
0:02:15 – Airline Industry
0:03:30 – Boom Technology
0:05:30 – Old Concorde
0:06:20 – Solving The Concorde Problem
0:07:53 – For Virgin Galactic Investors

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► Links used in the video:

https://boomsupersonic.com/company
https://www.space.com/36762-boom-supersonic-passenger-jet.html
https://www.thespacereview.com/article/4004/1

Hypersonic Flight Could Evolve Into a $270 Billion Market

Now back in 2017 Virgin Galactic and Boom Technology formed a partnership that would allow them to create a new supersonic passenger transporter and allow them to transport as many as 19 people around the world.

So in this video, I wanted to show you how Supersonic flight will make Virgin Galactic BILLIONS OF DOLLARS mainly by learning from the mistakes of the past Concorde and partnering with other great companies that I will mention in this video. Now if you’re familiar with Concordes, you know that mach speed has been tried before and it wasn’t exactly that popular with customers, which resulted in low passengers numbers, there were also a lot of environmental concerns, high ticket prices, and also a crash they had in early 2000. But Virgin Galactic’s plane will be a lot more futuristic, a lot cheaper, and safer for passengers. This will be Virgin Galactic’s secret weapon that could potentially be worth billions.

Now as a Virgin Galactic investor, I decided to read articles that were released during the early days of Virgin Galactic as well as to catch up on some of their partnerships that Virgin Galactic made early in their days.

Now we have to remember that the partnership between virgin galactic and Rolls Royce is only to develop the propulsion system or the engine. Rolls Royce actually has a history of making supersonic aircraft engines that powered the Concorde back in the day.

Now, One of the biggest problems that the past Concorde had was that it was super loud, it wasn’t environmentally friendly, and it had horrible space for its passengers, the ticket prices were also very expensive, each ticket price cost at around 12,000 thousand dollars or more.

So Virgin Galactic aims to address all of those past issues from the past Concorde and yes, at first, the ticket prices will be a bit expensive at first, but the will go down as there is more demand and as there are more supersonic planes built.

Now, a few days ago, Boom Technology unveiled its first demonstrator aircraft X-B1, which is actually going to begin flight testing next year.

So one of the main things that i wanted to bring up as well, is that Supersonic or hypersonic planes can be designed very fast already.. Because they have already been made. The technology is already existing and it has been made… the real problem was the execution of that business and the inability of past Concorde to make it more customer centric and lack of ability to make real revenue.

Now one of the main things that i get asked as well, is if Virgin Galactic stock is a stock to buy today, but we have to remember that SPCE stock is a great long term investment because of its ability to disrupt the entire airline industry.

SPCE is one of the stocks that I would consider to buy today as the short term price does not reflect the long term value, so i hope this video serves as more than just a spce stock analysis but also a good source of information to decide whether or not spce stock is a buy today.

DISCLAIMER: You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based on personal experience. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment.

AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe

Why Is Spce Stock Going Down

Why Is Spce Stock Going Down, Virgin Galactic's Secret Weapon (worth billions) | SPCE Stock Weekly News.

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