SPAC
Email
Thank You
Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com
January 1, 2021 Dated Predictions
Predictions Scorecard, 2021 January 01
On January 1
st, 2018, I made predictions about self driving cars, Artificial Intelligence and machine learning, and about progress in the space industry. Those predictions had dates attached to them for 32 years up through January 1
st, 2050.
I made my predictions because at the time I saw an immense amount of hype about these three topics, and the general press and public drawing conclusions about all sorts of things they feared (e.g., truck driving jobs about to disappear, all manual labor of humans about to disappear) or desired (e.g., safe roads about to come into existence, a safe haven for humans on Mars about to start developing) being imminent. My predictions, with dates attached to them, were meant to slow down those expectations, and inject some reality into what I saw as irrational exuberance.
The new update offers a quick look at the timeline.
“Once this corrective work has been implemented and verified, we will confirm our pre-flight timeline for the next test flight and share expected dates for when the flight window will open,” the company said.
Virgin Galactic listed the completion of SpaceShipTwo Unity’s test flight program and welcoming a second spaceship to its fleet as upcoming events for 2021 in a Christmas Eve tweet.
Benzinga’s Take: Shares of Virgin Galactic fell by a double-digit percentage after the December test flight returned home early.
Virgin Galactic has strong customer interest and is one of a few publicly traded space pure-play stocks.
Virgin Galactic (SPCE) Stock Seeing Gradual Recovery After Failed Spaceflight Test
Dec 24 2020 · 13:04 UTC by Benjamin Godfrey · 3 min read
Photo: Virgin Galactic / Twitter
Virgin Galactic (SPCE) shares closed with a 5.30% rise on Wednesday to signal a comeback.
The shares of American spaceflight and travel company Virgin Galactic Holdings Inc (NYSE: SPCE) is on a rebound following the plunge it took after the company’s spaceflight test failed. Initially, the shares of Virgin Galactic took a plunge after the trials failed, falling as much as 20% in five days per an earlier report from Coinspeaker at the time.
What Happened to the Virgin Spaceflight Test and Investors Response