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2021-09-07

Author must have shorted it!

Virgin Galactic draws another cautious look from ARK Invest after apparent mishap

Virgin Galactic is being sized up by investors after last week's report of a FAA investigation into

Virgin Galactic draws another cautious look from ARK Invest after apparent mishap

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In a scathing report, the New Yorker highlighted Virgin Galactic’s lackadaisical processes and procedures, noting that it fired a flight-test director who raised concerns about the space program’s safety. The New Yorker also contrasted Virgin Galactic’s strategy and technology to those of its competitors, Blue Origin and SpaceX. At Virgin Galactic, humans control extraordinarily complex systems, while Blue Origin and SpaceX have automated them. 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