Virgin Galactic $SPCE 2022 Is it the future or is it a folly? SWOT analyses
Virgin Galactic $SPCE 2022 Is it the future or is it a folly?
SWOT analyses as follows:
Strengths: Established engineers with years of experience. Unique award winning (Ansari Google X-Prize) technology.
Weakness: Cashflow restricted by lack of commercial flights. All flights grounded until 2013.
Opportunity: Space is a very valuable playground for new tech start ups.
Threats: Competition from Amazons Jeff Bezos with Blue Origin and Elon Musks SpaceX could corner space tourist market.
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