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Industry Viability

Scott Galloway critiques the viability of space tourism, particularly ventures like Virgin Galactic. He argues that space tourism is fundamentally flawed, both supply and demand constrained, and predicts that Virgin Galactic's stock could fall below a dollar within a year 1. The recent surge in Virgin Galactic's stock, following their first commercial flight announcement, is seen as a temporary boost rather than a sustainable trend 1.

Space tourism is just not a thing. Never should have been a thing.

--- Scott Galloway

Scott also highlights the irrationality of investments in companies like Tesla, which are detached from fundamentals but fueled by AI-driven market optimism 2.

   

Safety and Ethics

The ethical and safety concerns surrounding extreme exploration activities are significant. Scott emphasizes that such high-risk ventures should not be marketed as consumer experiences, as they pose serious dangers to participants 3. He believes that the recent tragedy involving a submersible will prompt a reevaluation of what constitutes responsible exploration 4.

This type of exploration at this level of danger is not a consumer item.

--- Scott Galloway

Scott predicts that public scrutiny will soon shift towards Virgin Galactic, questioning the rationality of wealthy individuals engaging in potentially tragic endeavors 4.