People keep saying VG is dead, yet big companies are buying thousands of stock for cheap, they just built a new warehouse for plane building, they have enough money to build their new Delta fleet and theres over 800 people reserved in backlog to fly...
Fun fact, The original design for Spaceship 2 was 6 passenger and two pilots. That number was reduced to 4 passenger when the vehicle design got heavier. The space for the two seats still exist on the first SS2
Don't agree there is anythng inherently wrong with the V.G. 's use of pilots. The accident could easily have been avoided if basic, sensible design pctices had been followed. In this case, simply "locking out" the feathering control, so thatit was inoerative when the vehicle speed was too great, would have suffied.
Got to be the most embarrassing sponsor. If you need an AI to summarize things for you, why are you even bothering to try to acquire knowledge. What is the point in exploring the internet or world if you need a mommy AI to eat up and regurgitate everything for you. The unexamined life is not worth living.
You are missing one tiny thing from "first I heard about it" era, back then Virgin Interactive and its music stores could have covered the Galactic and some more.
I have worked for them and they have a number of very good engineers working on Delta. Additionally, they are working with highly competent subcontractors here in the DFW area.
I wish them the best in developing this new Delta spaceplane, but I realize the obstacles are huge and the odds are against them. There is only one other alternative for "relatively affordable" suborbital space tourism: Blue Origin's New Shepard vehicle. That one is still flying passengers currently.
I was at the X-Prize Party with the Ansari Family (who put up the prize Money), Burt Rutan (who designed it), Paul Allen (who funded the construction), and Richard Branson who announced the certation of VirginGalactic on the morning of Flight-2 to c. The 2 flights required to win the X-Prize was flown by test pilot Mike Melvill with 2 boxes to simulate the weight of 2 passengers. William Shatner was not at the party but hit me (unintentionally) in his excitement watching the landing of Flight-2 with his camera bag. It would be sad if VirginGalactic is not revived.
I remember seeing these a few years ago and then absolutely nothing happened beyond that. The space plane idea seems cool but operating costs, R&D, they don't have another customer base to fall back on beyond people signing up.
I am not hopeful for Virign Galactic in its current configuration. It is not really offering what the industry demands right now. The money is in orbital infrastructure and the odd probe. What could help the company is something like an SSTO concept or an assisted SSTO that could take passengers or cargo to LEO. Then perhaps with something larger and more powerful would they garner more interest than the super rich who will undoubtedly be concerned with the current scope of the project.
would love to hear more about technology development and partnership revenue. Frontier work rarely has straight foreward funding models. How sucessfull has Virgin galactic been in developing technology and selling some of it?
Thank you for the video, I totally forgot about Virgin Civilian Space Tourism. The first time ever is always mostly a failure, yet many lessons are learned.
I'll be honest I thought virgin galactic was still going & was in the middle of building a better & newer version of the space ship etc & it was only virgin orbital that went under which is the commercial launch system side of it
That’s exactly what’s happening, the only thing that’s fallen is their share price. Delta factory is built and ships are in production, only time will tell what happens next 🤷♂️
I can't help thinking that all these fee-paying passenger space flight schemes are little more than Stockton Rush's Titanic trips, but in the opposite direction. Insanely dangerous, but fortunately, overseen by the aviation safety bodies, at least for the atmospheric parts of the flights.
Maybe they should shift to commercial airline type flights. Use those new ships to fly high speed very high up in the atmosphere and shuttle around the rich between locations at record speeds. Time is money and when you are rich, every second you can save is equal to making money.
Totalling agree with you! Ive Alsip been awaiting this since I was 24 yrs old. Its people like Richard Branson who continually innovate who end up showing us the way forward peacefully and progressfully.
Their ONLY hope is to turn their facility into a museum (and space-themed restaurant) and charge people a $5 entrance fee to see the equipment. The restaurant might make a bit of money, but the museum will probably end up gathering dust.
5:15 Interesting that the spacecraft was able to fall slowly enough to keep it from needing things like heat tyles. I wonder if Spacex would learn something from this? 8:22 Stocks are supposed to go up, not down!?? Wha...?? You must be a genus! Hey everyone stocks should go up, not down. 🤣 Summery: I had not heard of Virgin Galactic for years and I had forgotten out it. I'm glad that you put a video update on this. Sorry to see the company fall on hard times and I wish that the father of the company would be more supportive of it. As it is figuratively, his baby. It sounds like the people working at this company are making a good effort to keep this company afloat. Which is an amazing. Considering the financial drain that is must be having. I wonder where it's getting money? It is not producing anything obviously. I would not mind seeing an update on what this company is doing now.
Because even in their "ideal" plan of 50 flights a year, they would still run a deficit of almost double their earnings, that's just not a sustainable business model. I would also imagine that if they actually did have 50 flights a year, the maintenance and whatever other costs would be even higher than with the planes mostly sitting in the hangar as they are now.
@@adamadamadamadam it does though, put simply, it's not profitable for them to fly, so they don't. They also don't seem to have a lot of customers, probably due to the relative obscurity of the company and the various safety concerns. But the main point is; they don't want to keep flushing money down a toilet so Richard Branson won't be subsidizing Virgin Galactic anymore. That in turn means they'll most likely fail, because of the huge amount of yearly revenue net loss.
They are designing a new spacecraft at the moment and not flying for now in order to save cash. They plan to rollout their new aircraft in 2026 if everything will go as they planned. I have no information they failed. Their share fell significantly for the last 5 years but I'd say it's because the entire market fell over this time not counting great 7 stocks
If there is still a faint heartbeat then virgin galactic is not quite dead and still a chance of survival. The British Government or Canada should fund Virgin Galactic or buy it for the technology. Maybe Russia or Saudi Arabia.
Read Second Exodus Colony located at the Internet Archives for a good approach to colonization of our solar system. Written for the space challenged citizen.
Tbh I would never travel in a Virgin Galatic spaceplane as it is now. The whole concept just looks way too unsafe, there are so many things that can go wrong. Imo New Shephard is much more safer
At this point, I think some single entity should just buy up everything even remotely related to spaceplanes, put the best engineers to work on it and say “make us the safest, most reliable, most comfortable vehicle to get people to orbit.” Let Musk, Bezos, and Beck get all the mass to orbit, and this spaceplane company can get the actual crews up there.
@2:43 I know engineer isn't a protected title in the states but neither Jared Isaacman nor Elon Musk is an engineer, nor do any of them have any scientific academic background.
Mr. Musk is also not an engineer or designer which can be seen by the Cyber Garbage Truck as he insisted that MAGA Motors make his design.He is facing Felony Charges for his Full Self Crashing Fraud which has cost at least 44 people their lives... Musk is just another rich idiot who other idiots believe to be a genius...
It's a bit of a shame that such a stylish mode of sub-orbital transportation couldn't hack it. Now we're left with a variety of cylinders and cones that really don't inspire the mind.
Two spaceplanes are in current use: China's Shenlong, and Boeing X-37B. Additionally, Sierra Space's Dream Chaser should begin operating this year. SpaceX Starship deserves an honorary mention here as well I think, given how it "skydives" using 4 flaps.
@adamadamadamadam I'm pretty excited for Dream Chaser. In spite of it's promised capabilities I'm a little less excited for Starship/Superheavy as it looks unbelievably bland for what it does.
Always a chance that Elon and SpaceX lend a helping hand. It would be in his best interest to have as many space companies as possible if we are to reach mars and beyond. Although, it would also breed future competition in space.
Richard who??? Ohhh now I remember, didn't he waste millions of pounds then wanted the tax payers to cover? Just a showboat playboy.. or a conman, but that's up to you.
A lot of the problem was Burton and scaled composites. The development of the white knight carrier aircraft was completely useless. With The development money for that carrier there could have been 2 very large aircraft purchased to take the place of that development juggernaut. These aircraft would have saved multi millions of dollars. White knight is a complete waste of time and a lot of money.
0:47 "they had it all: fame, fortune, rockets" Naw, rockets are the worst possible way to get to space. He got it slightly less wrong by using the second worst way: jets. 3:43 "within a two week time period" Egad! Two WEEKS??? That's awful. A proper system takes minutes, not weeks. 4:52 "50,000 ft" Is that all??? 200,000ft is more reasonable. Of course, a 70% efficient internal combustion engine with a Displacement Adjuster is the way to get to a decent altitude. 5:57 "the same as any other plane" The wings are pathetically small. That thing has a horrid lift to drag ratio. There's no way it will land at 35mph (which is REQUIRED since 35mph at sea level translates to 600mph at 125,000 ft with the same minimal power and angle of attack.) It's actually easy and safe getting to space. Just use efficient and bulletproof piston engines, direct drive nose propellers, and 1/9 speed counter-rotating shrouded necklace fans.
Space isn't 4 tourists! Space is our future & tourism isn't going 2 work! How many tourists does Elon take into space? Branson & Virgin Galactic are a joke! Even if I could afford it, my life is worth more! Branson is only concerned with 1 thing, turning a profit & ask anyone, Space & Rocket Science is hard & expensive! Anyway Branson is far 2 old 4 this business!
How weird that you mentioned Dune as a space movie. I think maybe less than two minutes of the entire movie take place in space, same with the new Denis Villneuve version.
That thing was a death trap. You should really be greatful they are not the way foward. Eventually StarShip or something like it will be the way to do a quick trip to sub-orbit on the cheap.
This business was dead the minute Branson got involved. He’s an old fool! Old and slow with a very limited skill level. He belittled Elon that he was worried for him. Now Elons the richest man in the world and Brandon’s broke. He’s from the 60s just a marketer.
Virgin Galactic, founded by Richard Branson, pioneered space tourism with innovative spacecraft. Despite initial hype and successful flights, the company faced safety issues, financial struggles, and delays. Now developing a new Delta class vehicle, Virgin Galactic hopes to revive its fortunes.
Download Highlight today and discover how much time you can save: highlightai.com/?
Space is not the final frontier
It's the next one 😅
isnt he just starting up a big balloon thats ready for a test ride like any day now?
People keep saying VG is dead, yet big companies are buying thousands of stock for cheap, they just built a new warehouse for plane building, they have enough money to build their new Delta fleet and theres over 800 people reserved in backlog to fly...
They are dead
Apparently not @@fullsenderman8291
Oh they dead bicboi
Great channel, man. The quality of the videos are great and you have a good narrating voice.
Branson got to go to space then he was done
Branson is a self publicist and nothing more. Remember when he said he would rescue Concord. He just wants the headlines.
I mean the majority of rich people just are attention seekers and nothing more.
Branson was serious about Concorde. The problem? Airbus didn't want to continue supporting them. He couldn't *force* BA or AF to sell them to him.
Fun fact, The original design for Spaceship 2 was 6 passenger and two pilots. That number was reduced to 4 passenger when the vehicle design got heavier. The space for the two seats still exist on the first SS2
All thanks to the genius of Burt Rutan
Don't agree there is anythng inherently wrong with the V.G. 's use of pilots. The accident could easily have been avoided if basic, sensible design pctices had been followed. In this case, simply "locking out" the feathering control, so thatit was inoerative when the vehicle speed was too great, would have suffied.
Agreed!
Ad starts: 5:56 Ends: 6:59
Highlight AI
No. Ad.
@lazm3518 yes, there is an ad. Do you have TH-cam premium?
@@lazm3518definitely an ad
Got to be the most embarrassing sponsor. If you need an AI to summarize things for you, why are you even bothering to try to acquire knowledge. What is the point in exploring the internet or world if you need a mommy AI to eat up and regurgitate everything for you. The unexamined life is not worth living.
You are missing one tiny thing from "first I heard about it" era, back then Virgin Interactive and its music stores could have covered the Galactic and some more.
Awesome video, just found your channel
The concept of a space place is just too cool to drop just like that. Someone should pick the mantle
Surprised Branson didn't insist british taxpayers should bail out the wealthy passengers latest joy ride!
UK is not USA. Yet.
Ah, the quintessential british pessimism
You're not the only ones who are still dreaming of spaceflight
I dont believe you. I think he is the only person.
I have worked for them and they have a number of very good engineers working on Delta. Additionally, they are working with highly competent subcontractors here in the DFW area.
I knew a few jackasses from A&M working there
@Ducktility I resemble that remark. TAMU Class of 1973. I've worked on everything from single-enqined Cessnas to the ISS.
The main issue is their system can’t scale to fly large rockets to orbit. Blue Origin absolutely can.
But they can't get a rocket up on time. Failed launch last night..
I wish them the best in developing this new Delta spaceplane, but I realize the obstacles are huge and the odds are against them. There is only one other alternative for "relatively affordable" suborbital space tourism: Blue Origin's New Shepard vehicle. That one is still flying passengers currently.
I was at the X-Prize Party with the Ansari Family (who put up the prize Money), Burt Rutan (who designed it), Paul Allen (who funded the construction), and Richard Branson who announced the certation of VirginGalactic on the morning of Flight-2 to c. The 2 flights required to win the X-Prize was flown by test pilot Mike Melvill with 2 boxes to simulate the weight of 2 passengers. William Shatner was not at the party but hit me (unintentionally) in his excitement watching the landing of Flight-2 with his camera bag. It would be sad if VirginGalactic is not revived.
Sure you were, sure.
I remember seeing these a few years ago and then absolutely nothing happened beyond that. The space plane idea seems cool but operating costs, R&D, they don't have another customer base to fall back on beyond people signing up.
He actually started in school selling packets of crisps as a kid
Didn't he con 3rd world countries into building expensive space ports he never intended using.
I am not hopeful for Virign Galactic in its current configuration. It is not really offering what the industry demands right now. The money is in orbital infrastructure and the odd probe. What could help the company is something like an SSTO concept or an assisted SSTO that could take passengers or cargo to LEO. Then perhaps with something larger and more powerful would they garner more interest than the super rich who will undoubtedly be concerned with the current scope of the project.
Yeah I bought a bunch of stock at 30 but each. It was a learning experience...😅
would love to hear more about technology development and partnership revenue. Frontier work rarely has straight foreward funding models. How sucessfull has Virgin galactic been in developing technology and selling some of it?
Underrated channel
Thank you for the video, I totally forgot about Virgin Civilian Space Tourism. The first time ever is always mostly a failure, yet many lessons are learned.
I'll be honest I thought virgin galactic was still going & was in the middle of building a better & newer version of the space ship etc & it was only virgin orbital that went under which is the commercial launch system side of it
That’s exactly what’s happening, the only thing that’s fallen is their share price. Delta factory is built and ships are in production, only time will tell what happens next 🤷♂️
Im glad they're working on the rockets still
Musk is no more an engineer than Branson
Please increase the framerate of your animations, I don't know which program you use for rendering and cutting, but it can't be too laborious
I can't help thinking that all these fee-paying passenger space flight schemes are little more than Stockton Rush's Titanic trips, but in the opposite direction. Insanely dangerous, but fortunately, overseen by the aviation safety bodies, at least for the atmospheric parts of the flights.
Maybe they should shift to commercial airline type flights. Use those new ships to fly high speed very high up in the atmosphere and shuttle around the rich between locations at record speeds. Time is money and when you are rich, every second you can save is equal to making money.
Totalling agree with you! Ive Alsip been awaiting this since I was 24 yrs old. Its people like Richard Branson who continually innovate who end up showing us the way forward peacefully and progressfully.
This guy should of just built us a Virgin Concorde with all that money
the stock price never reached $1118. Where did you get that number? the maximum was $221, $48 before the reverse split.
It's an automatically adjusted price based on the reverse split
nem tudsz szamolni
Damn, i didn't know it was so bad! After the failure of Virgin Orbit, now VG is on the line too. Space is not nice with Mr Branson...
3:09 and from there everything started to fall out of place.
Big invest this technology advancement please sir please
Their ONLY hope is to turn their facility into a museum (and space-themed restaurant) and charge people a $5 entrance fee to see the equipment. The restaurant might make a bit of money, but the museum will probably end up gathering dust.
Just saying Virgin Galactic stock could be a fun gamble.
I feel like they’re actually coming out with the new aircraft’s for extremely cheap
5:15 Interesting that the spacecraft was able to fall slowly enough to keep it from needing things like heat tyles.
I wonder if Spacex would learn something from this?
8:22 Stocks are supposed to go up, not down!?? Wha...?? You must be a genus! Hey everyone stocks should go up, not down. 🤣
Summery: I had not heard of Virgin Galactic for years and I had forgotten out it. I'm glad that you put a video update on this.
Sorry to see the company fall on hard times and I wish that the father of the company would be more supportive of it.
As it is figuratively, his baby.
It sounds like the people working at this company are making a good effort to keep this company afloat. Which is an amazing. Considering the financial drain that is must be having.
I wonder where it's getting money? It is not producing anything obviously.
I would not mind seeing an update on what this company is doing now.
The line is supposed to go up!!!
video starts at 8:40; the first 2/3 has nothing to do with the title
You haven’t actually said why they are failing. You just gave us some background and the operation expenses. Why are they not flying more?
Because even in their "ideal" plan of 50 flights a year, they would still run a deficit of almost double their earnings, that's just not a sustainable business model. I would also imagine that if they actually did have 50 flights a year, the maintenance and whatever other costs would be even higher than with the planes mostly sitting in the hangar as they are now.
@@antlex9741 nothing you just said addresses why more flights aren't happening
Yes it did.
@@adamadamadamadam it does though, put simply, it's not profitable for them to fly, so they don't. They also don't seem to have a lot of customers, probably due to the relative obscurity of the company and the various safety concerns. But the main point is; they don't want to keep flushing money down a toilet so Richard Branson won't be subsidizing Virgin Galactic anymore. That in turn means they'll most likely fail, because of the huge amount of yearly revenue net loss.
They are designing a new spacecraft at the moment and not flying for now in order to save cash. They plan to rollout their new aircraft in 2026 if everything will go as they planned. I have no information they failed. Their share fell significantly for the last 5 years but I'd say it's because the entire market fell over this time not counting great 7 stocks
Cool looks cool!
There were no 3 people onboard of Spaceship one. One pilot and 2 dummy pax on both flights to win the X prize.
Did Branson take the money and run? Or will he repay the deposits.
If there is still a faint heartbeat then virgin galactic is not quite dead and still a chance of survival. The British Government or Canada should fund Virgin Galactic or buy it for the technology. Maybe Russia or Saudi Arabia.
Who owns the other 2 islands near his? 🍿😏
How do you make a small fortune in aviation? You start with a large fortune. 😂😂😂😂
10:17 you clearly have the video of the breakup -cut right before. Why not show us, we can handle it.
The publicly available footage ends there.
@jamessurtees -oh I see. Thanks.
Galactic sitting on the footage.
also, we can handle it, but TH-cam sponsors can't
Sir Richard hook our boy up
Read Second Exodus Colony located at the Internet Archives for a good approach to colonization of our solar system. Written for the space challenged citizen.
Tbh I would never travel in a Virgin Galatic spaceplane as it is now. The whole concept just looks way too unsafe, there are so many things that can go wrong. Imo New Shephard is much more safer
At this point, I think some single entity should just buy up everything even remotely related to spaceplanes, put the best engineers to work on it and say “make us the safest, most reliable, most comfortable vehicle to get people to orbit.” Let Musk, Bezos, and Beck get all the mass to orbit, and this spaceplane company can get the actual crews up there.
Sierra Space's Dream Chaser should be operating this year
@ I’d support them buying up all of VG.
Like any business, Virgin Galactic has to make money. When it fails, the stock price drops. This is basic business.
@2:43 I know engineer isn't a protected title in the states but neither Jared Isaacman nor Elon Musk is an engineer, nor do any of them have any scientific academic background.
2:44 Musk is also neither engineer nor scientist
I didn't know Virgin Galactic is falling
Mr. Musk is also not an engineer or designer which can be seen by the Cyber Garbage Truck as he insisted that MAGA Motors make his design.He is facing Felony Charges for his Full Self Crashing Fraud which has cost at least 44 people their lives...
Musk is just another rich idiot who other idiots believe to be a genius...
It's a bit of a shame that such a stylish mode of sub-orbital transportation couldn't hack it. Now we're left with a variety of cylinders and cones that really don't inspire the mind.
Two spaceplanes are in current use: China's Shenlong, and Boeing X-37B. Additionally, Sierra Space's Dream Chaser should begin operating this year. SpaceX Starship deserves an honorary mention here as well I think, given how it "skydives" using 4 flaps.
@adamadamadamadam I'm pretty excited for Dream Chaser. In spite of it's promised capabilities I'm a little less excited for Starship/Superheavy as it looks unbelievably bland for what it does.
10:24 the fall of VG. Skip the build up
Maybe don't name your space company "virgin" idk
Those Virgin record stores were epic.
Always a chance that Elon and SpaceX lend a helping hand. It would be in his best interest to have as many space companies as possible if we are to reach mars and beyond. Although, it would also breed future competition in space.
All the virgin media customers in the uk were paying for it, hence why I am no longer one.
It was a mismatch of ideas that was going nowhere.
Don't say billionaire daddy....... Just don't.
They don't even make it to the Karman line so who cares?
What happened to the old narrotor 😢
i don't think there is more than 1 person behind the channel his most likely had changed
The virgin galactic versus the chad spacex
It was just Branson that lost sqillions (:
You can't put up a picture of Musk and insinuate that he, unlike Branson, is an engineer. His physics degree is a bachelor of arts.
Virgin Galactic will be toast by the end of 2025 !!
I went to both tests for the Ansari X prize, he did nothing but invest, it was Burt Rutan.
LOOK UP INFAMOUS!!!!!
изначально бессмысленно было брать деньги за полет ниже 300 км... только тупой может за это платить. ♦
Richard who??? Ohhh now I remember, didn't he waste millions of pounds then wanted the tax payers to cover? Just a showboat playboy.. or a conman, but that's up to you.
A lot of the problem was Burton and scaled composites. The development of the white knight carrier aircraft was completely useless. With The development money for that carrier there could have been 2 very large aircraft purchased to take the place of that development juggernaut. These aircraft would have saved multi millions of dollars. White knight is a complete waste of time and a lot of money.
It was actually "Scaled Composites" with an s, not "Scaled Composite'.
0:47 "they had it all: fame, fortune, rockets"
Naw, rockets are the worst possible way to get to space. He got it slightly less wrong by using the second worst way: jets.
3:43 "within a two week time period"
Egad! Two WEEKS??? That's awful. A proper system takes minutes, not weeks.
4:52 "50,000 ft"
Is that all??? 200,000ft is more reasonable. Of course, a 70% efficient internal combustion engine with a Displacement Adjuster is the way to get to a decent altitude.
5:57 "the same as any other plane"
The wings are pathetically small. That thing has a horrid lift to drag ratio. There's no way it will land at 35mph (which is REQUIRED since 35mph at sea level translates to 600mph at 125,000 ft with the same minimal power and angle of attack.)
It's actually easy and safe getting to space. Just use efficient and bulletproof piston engines, direct drive nose propellers, and 1/9 speed counter-rotating shrouded necklace fans.
"they are broke" dude they have 600mil in cash
Space isn't 4 tourists! Space is our future & tourism isn't going 2 work! How many tourists does Elon take into space? Branson & Virgin Galactic are a joke! Even if I could afford it, my life is worth more! Branson is only concerned with 1 thing, turning a profit & ask anyone, Space & Rocket Science is hard & expensive! Anyway Branson is far 2 old 4 this business!
I thought they were cool
Virgin galactic was never going to be a long term viable company. Space tourism is not yet financially viable…
Just like the space shuttle, it always looked to me like an accident waiting to happen, so I'm not surprised the company is struggling to stay afloat.
You mean management right?
Correction, the edge of the earths atmosphere not edge of space
Typical rich man’s mentality.
😂but he's not really Virgin 😅😊maybe his AI robot is a Virgin 😅😂
How weird that you mentioned Dune as a space movie. I think maybe less than two minutes of the entire movie take place in space, same with the new Denis Villneuve version.
That thing was a death trap. You should really be greatful they are not the way foward. Eventually StarShip or something like it will be the way to do a quick trip to sub-orbit on the cheap.
Shame all this was never successful
It's DEAD, Jim ...
Haaaaaahahaha!!!
If I was paid millions $$$ +++ I would never go to outer space.
It's dead, Jim.
Elon just needs to buy them!!!
This business was dead the minute Branson got involved. He’s an old fool! Old and slow with a very limited skill level. He belittled Elon that he was worried for him. Now Elons the richest man in the world and Brandon’s broke.
He’s from the 60s just a marketer.
Would have been cheaper for him to go to space by asking Elon or Bezos
Virgin Galactic, founded by Richard Branson, pioneered space tourism with innovative spacecraft. Despite initial hype and successful flights, the company faced safety issues, financial struggles, and delays. Now developing a new Delta class vehicle, Virgin Galactic hopes to revive its fortunes.