The billionaire space race is in full swing, but profgalloway and karaswisher are skeptical that average earthlings will be flocking to the outer reaches anytime soon
Not many average people will be doing this anytime soon. Photo: Virgin Galactic The billionaire space race is in full swing, with Richard Branson and Jeff Bezos both launching into the atmosphere — and one lucky 18-year-old along for the ride with the latter billionaire. But on the latest Pivot podcast, Scott Galloway and Kara Swisher are skeptical that average earthlings will be flocking to the outer reaches anytime soon.
Subscribe on: Apple Podcast Google Podcast Spotify Galloway: Bad. I mean, there’s just so much writing on the wall that this thing is not going to work. First off, as a strategy, I just think space tourism makes no sense. I think we put astronauts and equipment into rockets. I don’t think we put tourists in the rockets. But in addition, Chamath Palihapitiya is a very smart guy. He sold his entire stake in this in March.
Galloway: No, it’ll become a poster child for … It was one of the first SPACs. Chamath is the king or the visionary around SPACs. He was involved here, but I just look at this thing and I’m like, “The product-market fit doesn’t make any sense. Structurally, doesn’t make any sense. Their strategy doesn’t make any sense.”
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