8 7 6 5 4 Command start. 2 1 Z mission. And New Shepard has cleared the tower.Beautiful shot. Starting roll program. NS33.We are on our way. 30 seconds. Now you can note on the left hand side of this of your screen.If you want to follow along, you can. You can note the speed, the altitude, and all the major milestones coming up here in just a moment. At this point, BE3 is at 100% power level.We are gaining speed and altitude very quickly. Now, despite the cloud cover, we are tracking New Shepard. Great shot ...

Core Viewpoint - Virgin Galactic has seen a significant decline in its stock value, down 98% over the last five years, highlighting the risks associated with investing in speculative, unprofitable companies [1] - Recent better-than-expected earnings and analyst upgrades have led to a notable 80% increase in shares on May 16, raising questions about the sustainability of this rally [2] Company Overview - Virgin Galactic is pioneering the space tourism industry, offering suborbital flights to wealthy individuals at approximately $600,000 per seat [3][4] - The company estimates a total addressable market of 300,000 potential customers for space tourism, with an expected annual growth rate of 8% [5] Financial Performance - In the first quarter, Virgin Galactic reported a 77% year-over-year revenue decline to $461,000, although a reduction in expenses helped narrow the operating loss from $113.1 million to $88.9 million [6][7] - The company has $140.8 million in cash and equivalents, raising concerns about its ability to sustain losses without seeking external capital, which could lead to equity dilution [8] Business Stage and Future Prospects - Virgin Galactic is currently in a pre-commercial stage, focusing on aircraft design and obtaining regulatory approvals to start commercial flights in 2026 [10] - The management's history of overpromising and underdelivering raises skepticism about the timeline for commercial operations, which were initially expected to begin in 2011 [12] Investment Potential - There is potential for Virgin Galactic to become a millionaire-maker stock if it successfully establishes commercial operations, but this outcome is uncertain [11] - The ongoing capital burn and potential for shareholder dilution present significant risks that may outweigh the potential rewards at this time [13]