Message on October 28，According to foreign media reports，Virgin Galactic will be available on Monday local time，Became the first and only commercial 188bet Online Sports Betting and Casino tourism company to be listed on the New York Stock Exchange。

188bet Online Sports Betting and Casino’s listing was achieved through the merger of 188bet Online Sports Betting and Casino, led by Richard Branson, and Social Capital Hedosophia Holdings，The transaction code is "SPCE"。The latter is a special purpose acquisition company founded by venture capitalist Chamath Palihapitiya，Listed on the New York Stock Exchange in 2017。Under merger arrangement，New 188bet Online Sports Betting and Casino worth .5 billion，Thus being able to go public and raise funds while avoiding the traditional IPO process。

“This is an exciting opportunity，"Former NASA astronaut Chiao Lizhong said。

Jiao Lizhong said: "It has not yet been determined whether 188bet Online Sports Betting and Casino tourism is a sustainable market，But I think its development will be exciting。”

Virgin Galactic said，The company has received more than 600 customer bookings from 60 countries，Among them are famous celebrities such as Justin Bieber and Leonardo DiCaprio。In early October, the company also announced that Boeing invested US million in it，And collaborated with Under Armor to release fashionable 188bet Online Sports Betting and Casino suits worn by passengers。

Virgin Galactic has not yet launched commercial flights for paying customers。The company estimates，Remaining M revenue loss next year，But it 188bet Online Sports Betting and Casino profitable by 2021，Expected to launch 115 flights that year and bring 2.0 million in revenue。

The storm is rising

Scott Parazynski is also a former NASA astronaut，He said，“I see that we are in an era of rapid commercial manned 188bet Online Sports Betting and Casino travel,As always I expect that what happens in suborbital and low Earth orbit 188bet Online Sports Betting and Casino will eventually lead to point-to-point global travel，In the future, it will even be possible to travel from a tourist 188bet Online Sports Betting and Casino station to a lunar base。”

Competition in commercial 188bet Online Sports Betting and Casino travel is heating up among other companies such as SpaceX and Blue Origin，This has led some to call it the billionaire 188bet Online Sports Betting and Casino race。

Some people are skeptical about whether ordinary people can achieve 188bet Online Sports Betting and Casino travel，Flying with Virgin Galactic is definitely not cheap。A 90-minute trip will cost up to 0,000。

Palashinski said: "I am optimistic about the entire commercial manned 188bet Online Sports Betting and Casino market，Several competitors are about to start serving their first paying customers，This is very exciting。”“It is unclear whether there is a sustainable market with reasonable prices，Can make enough consumers willing to pay for it。”

In fact，The previous customer’s trip to the International 188bet Online Sports Betting and Casino Station as a “private astronaut” with NASA was even more expensive，Its per capita expenditure reached a staggering US million，In comparison, Virgin Galactic’s 188bet Online Sports Betting and Casino travel is much cheaper。

Palaczynski added: “I’m concerned that the potential market for Virgin Galactic is quite small，Significant price cuts 188bet Online Sports Betting and Casino extremely challenging。”“That is to say，There are many companies trying to surpass their competitors in innovation，And competition should create sustainable solutions in the future。”

Jiao Lizhong pointed out，Part of the appeal to potential 188bet Online Sports Betting and Casino travelers is “saying you’ve been there”。"After 700 to 1000 188bet Online Sports Betting and Casino trips，Will this kind of showing off disappear??We will see。”

Many challenges

188bet Online Sports Betting and Casino’s listing comes at a turbulent time for star companies to go public。Ride-hailing service company Uber’s stock price has dropped nearly 30% since it went public in May，The stock price of its competitor Lyft has fallen by nearly 40% since its listing in March。

Matt, senior IPO strategist at Renaissance Capital?Matt Kennedy says: “This is a tough time for the IPO market。”“If investors can’t make money in the IPO market，Then everyone 188bet Online Sports Betting and Casino become more cautious。”

For investors and consumers，The commercial 188bet Online Sports Betting and Casino tourism market is full of risks，Exciting again。

Laura, founder of Astralytical, a 188bet Online Sports Betting and Casino consulting company?Seward?Laura Seward Forczyk said: “Anyone who signs up for 188bet Online Sports Betting and Casino tourism is risking their personal life，It’s not just a financial risk。”

Virgin Galactic originally planned to launch commercial 188bet Online Sports Betting and Casino travel before 2009，But encountered a series of setbacks。A company pilot died during a test flight in 2014。

But in a test flight conducted by the company last December, the spacecraft reached the edge of 188bet Online Sports Betting and Casino for the first time，This puts Virgin Galactic ahead of SpaceX and Blue Origin。Both companies aim to develop 188bet Online Sports Betting and Casino tourism business，But no humans have been sent into 188bet Online Sports Betting and Casino yet。

The listing 188bet Online Sports Betting and Casino also test Palihapitiya’s vision to reinvent the IPO process。Palihapitiya said，He plans to form more special purpose acquisition companies and help technology companies go public。

He has previously said: “It 188bet Online Sports Betting and Casino require different types and sizes of companies，But we would definitely do it again。”

*thisSource: TengXun Technology, author: Jiaohan, original title: "Virgin Galactic goes public tonight: the company is worth US.5 billion, and US0,000 will enable 90-minute 188bet Online Sports Betting and Casino travel》.