Part 5/8:
After a monumental flight with Branson and a slew of celebrities aboard in July 2021, there was optimism about Virgin Galactic's future. However, the reality starkly contrasted with public perception as the company struggled financially. Share prices, once soaring at over $1,100, plummeted to a dismal $6, revealing the harsh truth about the unsustainability of the business model. Their initial projections indicated 50 flights annually; instead, since the celebrity flight, the company has only completed eight, leading to growing concerns about their financial viability.