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Branson to sell Galactic

Branson to sell Galactic

Selling to save the airline

https://www.9news.com.au/world/richard-branson-to-sell-virgin-galactic-s...

Put it up here solely to frustrate @andy.e

Not really, but it is of interest to SpaceX fans perhaps.

rob | May 11, 2020

Holy crap!
I've been on the verge of buying SPCE. Now I have to do more research!!!

rob | May 11, 2020

Considering SPCE because SpaceX and Firefly are private.

Ross1 | May 11, 2020

Rocketlab

rob | May 11, 2020

10 sec google. Rocketlab is private. Same w/ SpaceX, and Firefly.

I think they all are private because if they were public they would have to disclose more internals. Does a "private" company get more Govt. (secrete) business?

M-A-B-MCMLXXX | May 11, 2020

“ Does a "private" company get more Govt. (secrete) business?”

No.

andy.connor.e | May 11, 2020

this frustrates me? im outraged

blue adept | May 22, 2020

@rob

Potentially.

blue adept | May 22, 2020

It's not about whether a company's stock is traded on the market or not, but rather about the company's proven performance and reliability.

blue adept | May 22, 2020

@Ross1

I guess that narrows it down to SpaceX and Blue Origin on the American space/intergalactic travel front.

blue adept | May 22, 2020

>>> "Rocketlab"

Don't they just launch satellites?

Ross1 | May 22, 2020

Rocketlab is a Rocket manufacturer from a NZ entrepreneur. Taking his toys to the big boys party.
It doesn't get better than that.
My son knows him,

Ross1 | May 22, 2020

Peter Beck

blue adept | May 22, 2020

Yes, you've mentioned them (Rocket Lab and the owner being your son's friend) before, but we're talking about MANNED space travel which is, in Rocket Lab's current state of operation, a good bit out of their reach since they only provide small-sat launches and we're talking about actually sending people to the Moon and Mars (and perhaps even beyond) and back and not just chucking some satellites into orbit...

No offense but BIG difference!

To that end, the only present day privateers in that arena are Elon and Jeff.

M-A-B-MCMLXXX | May 22, 2020

blue adept | May 22, 2020
“Potentially.”

Still no. The lions share of defense “secrete” contracts go to public companies (Lockheed Martin, Boeing, BAE, RTX, Northrop Grumman, Harris, etc.)

blue adept | May 22, 2020

Everyone likes to save money, especially the government.

SpaceX has been doing things for half to a third of the costs that companies like those you've mentioned typically charge 2 to 3 to even 4 times the amount for.

Do the math.

Ross1 | May 23, 2020

My son has another friend who does it, Richard

Ross1 | May 23, 2020

and another, Buzz

blue adept | May 23, 2020

Does...what? The math?

blue adept | May 23, 2020

Don't misunderstand me, I appreciate the guy's (Beck's) entrepreneurial spirit and like his use of carbon fiber composites for the rocket's fuselage (still not understanding why they're using helicopter capture for returning fuselage's when parachutes should more than suffice), but we ARE talking about launching PEOPLE into Space and not merely satellites.

Ross1 | May 23, 2020

Does...what? The math?

no, sends up rockets and stuff

blue adept | May 23, 2020

Alright, so your son has three friends in NZ who launch rockets that carry satellites into Space?

Do they all compete for contacts with one another/the industry giants, or do they divvy up the work based on what there launch system's load capability?

Ross1 | May 24, 2020

USA

Ross1 | May 24, 2020

I dont have personal contact, my only claim to fame is typing this on a second hand Macbook Pro previously owned by an ex NASA engineer who was office mgr for one of my kids.
Well, Buzz has been somewhere , was it the moon?
Richard seems to have a finger in the pie, think he is selling out, got the island mortgaged. Peter doubled up his ops from NZ to USA.
I haven't met any of them, but you may have met Buzz' alter ego if you went to CES 2017 or 18, his 3D hologram at the door?

blue adept | May 24, 2020

Wasn't it you who claimed to have had some orbital mechanics/astrophysics training (but couldn't handle the computer work)?

Yes.

I thought I heard he was only selling a fairly large stake in his aerospace venture and not necessarily selling it off entirely"?"

I've met Buzz before in person...Was a long time ago though.

blue adept | May 24, 2020

I think that I might've met Branson before also, also a long time ago.