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Virgin Galactic seeks to raise money to accelerate growth of spaceplane fleet (spacenews.com)

submitted 2 weeks ago by threelonmusketeers to c/spaceflight

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[–] Tar_alcaran 4 points 2 weeks ago (1 children)

That's remarkably cheap.

[–] [email protected] 5 points 2 weeks ago (1 children)

And remarkably non-existent? They talk about fleets when they can barely scrape together a single airframe that doesn’t fall apart

[–] threelonmusketeers 2 points 2 weeks ago (1 children)

Which of VG's airframes fell apart?

[–] [email protected] 2 points 1 week ago

Oh the conclusion was pilot error:

https://www.smithsonianmag.com/smart-news/co-pilots-error-caused-virgin-galactic-crash-says-ntsb-180956101/

But reading the through the findings you’d think there would’ve been some failsafe system before the maneuver

[–] [email protected] 2 points 2 weeks ago (1 children)

Maybe they'll con someone into it. Or pull an Astra, go private, and then con someone new.

[–] threelonmusketeers 1 points 2 weeks ago (1 children)

You don't think their current business model is viable?

[–] [email protected] 2 points 2 weeks ago (1 children)

What business?

[–] threelonmusketeers 1 points 2 weeks ago (1 children)

Fair point. They did have a decent launch cadence in 2023, but their existing fleet was evidently not profitable enough.

[–] [email protected] 2 points 1 week ago

I thought they had enough of a war chest to ride out the flight stoppage, but I guess not. I don't see it with them. Tourism flights and low capacity point to point doesn't seem like enough to sustain a real company. Blue Origin can do it because they don't need to make money.