{"id":93394,"date":"2019-07-10T01:49:26","date_gmt":"2019-07-10T08:49:26","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2019\/07\/blasting-rich-people-into-space-is-better-business-than-uber-somehow"},"modified":"2019-07-10T01:49:26","modified_gmt":"2019-07-10T08:49:26","slug":"blasting-rich-people-into-space-is-better-business-than-uber-somehow","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2019\/07\/blasting-rich-people-into-space-is-better-business-than-uber-somehow","title":{"rendered":"Blasting Rich People Into Space Is Better Business Than Uber, Somehow"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/blasting-rich-people-into-space-is-better-business-than-uber-somehow2.jpg\"><\/a><\/p>\n<p>Virgin Galactic is preparing to become the first publicly traded spaceflight company, and the venture is setting a course to be profitable by August 2021, which would put it lightyears ahead of the profitability projections of another transportation-based company that simply moves people around on Earth: Uber.<\/p>\n<p><a href=\"https:\/\/www.wsj.com\/articles\/bransons-space-unit-to-go-public-11562644860\" target=\"_blank\" rel=\"noopener\">The Wall Street Journal<\/a> reports that Virgin Galactic is merging with Social Capital Hedosophia Holdings (SCH), which will take a 49 percent stake and invest about $800 million into the space tourism endeavor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Virgin Galactic is preparing to become the first publicly traded spaceflight company, and the venture is setting a course to be profitable by August 2021, which would put it lightyears ahead of the profitability projections of another transportation-based company that simply moves people around on Earth: Uber. The Wall Street Journal reports that Virgin Galactic [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,1491],"tags":[],"class_list":["post-93394","post","type-post","status-publish","format-standard","hentry","category-business","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/93394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=93394"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/93394\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=93394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=93394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=93394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}