Can Virgin Galactic Reach 400 Space Flights a Year? It Won't Be Easy.
Virgin Galactic (NYSE: SPCE) has lofty goals. At the moment, however, the space tourism company is years away from achieving what management says is possible. Executing on its big plans will require a lot of things to go right. Here's a quick look at where Virgin Galactic is today and what it would take to get to where it wants to be in the future.
Last year was a very important one for Virgin Galactic, given that 2023 marked the first time it actually operated a commercial space flight. Essentially, it proved that it could successfully run a space tourism business. Unfortunately, the company also proved something else along the way: It isn't anywhere near the point where it can profitably operate a space tourism business.
Image source: Virgin Galactic.
Source Fool.com
