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RE: LeoThread 2025-01-15 13:38

in LeoFinance9 months ago

Part 6/8:

In the years following the initial hype, Virgin Galactic's finances became increasingly perilous. The operational costs continued to escalate, with the company experiencing a staggering $82 million in expenses for just three months of operation. With fewer flights than anticipated and rising operational costs, the company’s projection of a profitable business model began to unravel. Reports indicated the unsustainability of revenue generation based solely on a limited passenger base willing to pay exorbitant fees for a brief experience in space.

A New Direction