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1 posted on 04/04/2023 9:02:48 AM PDT by george76
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To: george76

Space is hard...and expensive


2 posted on 04/04/2023 9:07:48 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: george76

Doesn’t look like that goofball will ever be Elon Musk


3 posted on 04/04/2023 9:08:52 AM PDT by NWFree (Sigma male 🤪)
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To: george76

I hate to see a venture into the space industry go belly up.


4 posted on 04/04/2023 9:09:10 AM PDT by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
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To: george76

Value of $3 billion to $0 billion in two years.

And here I thought only the US government could destroy value at that pace.


5 posted on 04/04/2023 9:10:38 AM PDT by ProtectOurFreedom (I don’t like to think before I say something...I want to be just as surprised as everyone els)
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To: george76
Who cares.. ALL EYES ON SPACEX' STARSHIP, the largest rocket EVER and it's about to be launched POSSIBLY BEFORE THE END OF THIS MONTH!!!!!

Will be the most exciting space event since Apollo 11 landing on the moon. HISTORIC, MONUMENTAL and EXHILARATING!

7 posted on 04/04/2023 9:19:35 AM PDT by CivilWarBrewing (Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
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To: george76

I never saw Branson as serious about any of this. Pictures of him create perception of rich playboy, not serious entrepenaur.


9 posted on 04/04/2023 9:26:19 AM PDT by Reno89519 (I stand with Trump Against Political Persecution. As DeSantis Says, It Is Un-American.)
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To: george76

Sounds like they need Rocket Surgery.............


11 posted on 04/04/2023 9:29:39 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: george76

Ha ha.
Just because you are a billionaire doesn’t mean you have to play all the billionaire games. Of course, Branson (or his lawyers and accountants) probably structured this thing so he had minimal downside.
Wonder what form of taxpayer-funded bailout this “essential business” will get. LOL 😡😖


14 posted on 04/04/2023 9:37:51 AM PDT by Honest Nigerian (.)
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To: george76

poser


15 posted on 04/04/2023 9:44:29 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: george76

irgin Investments will provide $31.6 million in new money to Virgin Orbit through debtor-in-possession financing, Virgin Orbit said Tuesday.


Looks like the put the risky investment in a new entity, found investors to take the risk, risk happened.

now business as usual.


16 posted on 04/04/2023 9:45:34 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: george76

Former NM Governor Bill Richardson built a spaceport out in the desert SE of TorC NM. Branson was the only one using it to launch a sub-orbital, up and down tourist ride. NM taxpayers likely will now pick up the cost for its upkeep.


17 posted on 04/04/2023 9:46:27 AM PDT by CedarDave (Pfizer's boosters: The medical equivalent of Russian roulette!)
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To: george76

Elon should buy it!

At $68 million it’s a steal.


18 posted on 04/04/2023 9:47:28 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: george76

There are several Islamic countries that could acquire them.


21 posted on 04/04/2023 9:53:43 AM PDT by yuleeyahoo (The nation which can prefer disgrace to danger is prepared for a master and deserves one. Hamilton)
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To: george76

Well, he’ll never be president


22 posted on 04/04/2023 9:54:38 AM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: george76

It was a niche operation, just small-payload missions launched from an aircraft, like Pegasus.
Turns out the economic advantage of air-launch wasn’t enough to underpin the business.


25 posted on 04/04/2023 10:10:17 AM PDT by JustaTech (My mind is the weapon. Everything else is tools.)
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To: george76

Branson, Bezos, and Musk. What is it about billionaires that make them want to build rockets?


26 posted on 04/04/2023 10:22:00 AM PDT by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: george76
So what happens to the SpaceShip2?


28 posted on 04/04/2023 10:32:46 AM PDT by Alas Babylon! (Gov't declaring misinformation is tyranny: “Who determines what false information is?” )
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To: george76

The old hippie needs to get a haircut.


35 posted on 04/04/2023 10:39:23 AM PDT by Uncle Lonny
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To: george76
They may not have a buyer. SpaceX is already too busy with its own projects, United Launch Alliance is developing the Vulcan rocket, and Sierra Nevada is too busy developing Dream Chaser.
37 posted on 04/04/2023 10:45:30 AM PDT by RayChuang88 (.FairTax: America's Economic Cure)
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To: george76

Virgin Suborbit is more like it.


43 posted on 04/05/2023 7:40:49 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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