I thought that We Build Spaceships was an original concept, but here it is 8 years ago before it got regurgitated.
From the description:
"Welcome to the introductory video in our new series showing how The Spaceship Company…builds Spaceships." from 8 years ago
There were only 2 of these "series" of how __X___ "builds Spaceships"
The only difference is they replaced "The Spaceship Company" with the word "We"
Bored while we wait for earnings and another "We Build Spaceships" episode...
You can see the "We Build Spaceships" building sign from google maps.
Looks like things are moving along, urgently...
I asked Chat GPT to, "Write a new story about Virgin Galactic shareholders using the theme and story from the old classic booked 'The Emperor's New Clothes'"
It's pretty entertaining. Here is their reply:
Here's a satirical retelling inspired by The Emperor's New Clothes. It's fictional, humorous, and uses the themes of hype, social pressure, and self-deception.
The Space Emperor's Shares
In a prosperous kingdom called Wall Streetia, there lived a company known as Virgin Galactic. It promised something extraordinary: ordinary people would soon soar into the heavens, touch the edge of space, and return as pioneers of a new age.
The company was beloved by dreamers. Its presentations were magnificent. Its videos were breathtaking. Its future seemed limitless.
Among its greatest admirers were the shareholders.
Whenever anyone asked difficult questions—such as when profits might arrive, how many customers would actually fly, or why new shares kept appearing—the shareholders would smile knowingly.
"You simply don't understand the vision," they would say.
One day, two clever promoters arrived in Wall Streetia.
"We possess a remarkable gift," they announced. "We can see the true value of the company. But only the intelligent and forward-thinking can recognize it. To ordinary minds, the value will be invisible."
The shareholders were delighted.
At once, the promoters began drawing magnificent charts showing soaring revenues, vast fleets of spacecraft, and endless streams of wealthy passengers lining up for tickets. They displayed dazzling projections and colorful presentations.
Yet, whenever anyone looked closely, there was surprisingly little substance underneath.
The first shareholder examined the projections.
"I don't really see the profits," he thought nervously.
But he feared appearing foolish.
"Magnificent!" he declared. "The profits are enormous."
The second shareholder looked.
"I don't see the cash flow either," she thought.
But she, too, worried about being considered short-sighted.
"Extraordinary!" she proclaimed. "The future earnings are dazzling."
Soon everyone was praising the invisible riches.
Financial commentators praised them.
Online investors praised them.
Social media influencers praised them.
Anyone who questioned the story was dismissed as lacking imagination.
"The opportunity is obvious," they were told.
Years passed.
New spacecraft were promised.
New timelines were announced.
New projections were unveiled.
Whenever reality failed to match expectations, shareholders explained that true visionaries understood that greatness merely required a little more time.
Then came the Grand Shareholder Parade.
The company's leaders marched through Wall Streetia displaying the latest projections of future success.
The crowd cheered.
"What incredible margins!"
"What astonishing growth!"
"What beautiful profitability!"
Yet many secretly wondered why the actual numbers seemed harder to find than the projections.
At the edge of the crowd stood a young analyst with no position in the stock.
He studied the parade carefully.
Then he shouted:
"But where are the earnings?"
The crowd fell silent.
A few investors frowned.
Others checked their spreadsheets.
One shareholder whispered to another:
"Now that he mentions it..."
Soon more voices joined.
"And where are the profits?"
"And where is the demand?"
"And why does the timeline keep moving?"
The cheering weakened.
The leaders continued marching, trying not to notice.
The promoters quietly slipped away.
And the shareholders of Wall Streetia learned an old lesson:
Dreams can be valuable.
Vision can be powerful.
But when everyone becomes afraid to ask simple questions, even the most intelligent crowd can end up applauding invisible clothes.
The End.
Greetings Nerds and Virgins,
Below are a few real life examples of what could happen with SPCE. In the dumps now, but we can point to others instances of good old fashioned comeback from behind story that emerged from the smoldering debris to rise like a phoenix of glory.
Indeed there are companies/stocks that had a good start, deteriorated to an unhealthy point that recovery seemed impossible, but hit an inflection point and is doing great today.
Will SPCE have the same fate?
Let's take a look at a few.
