"Climate change is happening, but we aren't getting there fast enough.

In human transport, superior shareholder returns will be a function of fast vs. far. In my view, the most under- and overhyped transportation firms are Boom Technologies and Virgin Galactic, respectively. The market for people willing to pay $25,000 to get from NYC to London in 3.5 hours is (at a minimum) 1000x the market for people willing to pay $250,000 for a 90-minute suborbital ride to the Kármán line. Six hundred people have paid $250,000 to reserve a seat on Virgin Galactic. Six hundred people land on a private jet at Teterboro every 6 hours.
To SPAC(e) and Beyond
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Scott Galloway
Tom Ritchford
·Follow
Jul 3, 2021
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"Climate change is happening, but we aren't getting there fast enough. What could we be doing to get to Hell even a little bit faster?
"I know! Rockets! Yes! Kill the planet!!"
Rockets are wildly energy consumptive. While hydrogen/oxygen rockets are low pollution in themselves, the cost of producing the hydrogen and the rockets themselves is incredibly high.
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Written by Tom Ritchford1.5K Followers
·392 Following
uk->at->ca->us->nl
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