Galactic’s

Virgin Galactic’s Surge Exposes Everything Wrong with the Stock Market

Virgin Galactic is now worth $6.7 billion, despite reporting just $3 million in revenue last year. The space tourism stock is worth $1 billion more than Macy’s, which isn’t sexy – but is profitable. This disparity exposes everything wrong with the stock market. Think Tesla’s bewildering rally is the best evidence that the stock market…