Virgin Galactic Valuation

Dear Reader,

Virgin Galactic Holdings Inc, the space travel company with a NYSE ticker SPCE, is currently valued at 7.12 bln. USD.

I personally think Virgin Galactic's market capitalization could rise to 200 billion USD or more. Space mining is hugely lucrative as many asteroids and planets hold huge reserves of base, precious metals and also diamonds and many other valuable natural resources.

Yes, Virgin Galactic is a story stock with no significant revenue. Yes, many people have booked space flights with Virgin Galactic, but Virgin Galactic is yet to record meaningful revenue.

Virgin Galactic recently completed its first successful outer space flight. The acquired technology and know-how provide Virgin Galactic with huge competitive advantage/edge in the future race for space. Virgin Galactic could use this breakthrough for piloted missions in space which could mine asteroids and planets for valuable base and precious metals deposits. Space is limitless, basically. Tesla is valued at more than 600 billion USD consistently in the last 4-5 months by holding the promise to dominate only one industry, namely car manufacturing on planet Earth. It is easy to forecast that a leading company in space exploration like Virgin Galactic could be worth at least as much as Tesla, if not significantly more, if it starts to earn significant revenue.

For now, Virgin Galactic's main asset is its technological edge. But technology could prove a great advantage as evidenced by the extraordinary success of companies like Apple, Alphabet, the producer of the Google search engine, Microsoft, Amazon and Facebook.

Yes, Virgin Galactic's prognosis is based mainly on the potentially limitless size of the space exploration market, its current technology and the skill of the company's management. 

That said, I do believe Virgin Galactic could end up being worth more than 200 billion USD.

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Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.

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Respectfully yours,

Petar Posledovich