SPCE Stock - Why Virgin Galactic Stock is Best Avoided

06/11/2023 12 min

Listen "SPCE Stock - Why Virgin Galactic Stock is Best Avoided"

Episode Synopsis


Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/x6NKjvGo8Zc.


SPCE stock or Virgin Galactic stock is a popular space stock that is making a big bet on space tourism. Our SPCE stock video looks at how far behind schedule the company is as they bring their first tourists to space in 2023. A regular cadence of flights should help them start to get through the 800 ticket backlog of people who are willing to spend hundreds of thousands of dollars for a two-hour flight into space. Here's why $SPCE stock is a space stock we think should be avoided. PS: If the company goes bankrupt, that means that the business becomes less attractive, contrary to what all the lumps of lead out there will say.