Space Tourism investments

no_alone · Feb 10, 2008

Hi I wonder if theres a way to invest in space tourism??
I know SpaceShipOne took the x-prize,
SpaceShipOne was constructed by Scaled Composites , and then after they won Richard Branson(owner of virgin company ) bought the company under virgin galactic name. but i didn't found a way to invest in any of this companies.......

bestfriend · Feb 10, 2008

I put 20k down to get a place # on a Virgin galactic Flight. The total fee right now is $200k. I wasn't about to tie up 200k and have the thing not go up until 2015. I think I'm like number 556

Div_Arb · Feb 10, 2008

I have a speculative position in SPDV - check it out.

newguy05 · Feb 10, 2008

it's too early to invest in space tourism. You will most likely tie up your money for a while.

jjk2 · Feb 10, 2008

how many more blown up rocket launchse do you need? imo, that money can be locked down in Casino.

KeithOmalley · Feb 10, 2008

Quote from bestfriend:

I put 20k down to get a place # on a Virgin galactic Flight. The total fee right now is $200k. I wasn't about to tie up 200k and have the thing not go up until 2015. I think I'm like number 556

can you sell your seat to others?

no_alone · Feb 11, 2008

Quote from KeithOmalley:

can you sell your seat to others?

yes yes
this could be a good investment...
Can you sell you seat to others??

bestfriend · Mar 24, 2008

Dont think there's a market for this. wanna go at any price

no_alone · Mar 25, 2008

I dont know how pepole with money act...
But if you (someone with money) wanna go at any price.. that's mean that there is (will be after 1st lunch ) a market...

Code:

http://www.flightglobal.com/articles/2008/03/25/222290/sales-are-rocketing-at-virgin-galactic.html

^^^^^^^^^^^^^

"If development is successful, a fleet of two WK2s and five SS2s will be constructed and Virgin Galactic has an option to buy seven more SS2s. Whitehorn's goal after three years in operation is to have two flights a day, with each of SS2's six passengers paying $200,000. If every flight were full, with 50 weeks of 10 flights, the annual revenue would be $600 million."

Code:

http://timesofindia.indiatimes.com/Branson_and_his_rocket/articleshow/2867210.cms

^^^^^^^^

"Over 60,000 people have registered with his Virgin Galactic, 200 of them have even paid the entire ticket price of $200,000."

"World Tourism Organization"

# International Tourism Receipts totalled US$ 733 billion, or 2 US$ billion a day, in 2006

If we look at tourism spending.. 733 billion $ , on all of the world, space is much larger then the hole world, it might take a portion of that 733 billion $

In the last Re: Virgin Galactic Newsletter | Issue 9 , there was this picture attached... any idea of investing in these companies?

no_alone · Jul 5, 2009

news?