Virgin Galactic Can Breathe a Sigh of Relief, as Elon Musk's Space Tourism Business Stumbles
Virgin Galactic(SPCE) The Motley Fool·2024-06-16 11:07
It's official now. Virgin Galactic (SPCE -6.23%) is out of the space tourism business -- at least for a while. Competitors in the wings Up until last week, he seemed likely to do it in space tourism, too. Elon Musk will be able to offer space tourism flights for a fraction of Virgin Galactic's cost -- but not just yet. As a result, for the next two straight years, not a single Virgin spaceplane will get anywhere near space. A second competitor, however, may not be so fortunate. Introducing Starship: SpaceX' ...