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by melling 2895 days ago
XCOR filed for bankruptcy. That’s not profitable.

Virgin Galactic isn’t a profitable company either. They could be, of course.

My point was that you can start with a small company with a well-defined goal and product then continue to grow the vision, as long as you remain profitable.

1 comments

Yeah I don't disagree here, my point was that Blue Origin's particular goal and product bootstrapping from space tourism has already been tried and more or less failed. Whereas Musk's/SpaceX's goal is to get a Mars colony going, they started with something different than space tourism and it seems to be working out.
Virgin Galactic hasn’t failed yet. Someone was killed so they’ve been extremely cautious.

Bezos is a good business person. It’s quite possible he’ll run thin margins and grow the business.