New Mexico political pundit Joe Monahan
Joe Monahan. Source: Facebook

Stuff you need to know, 4.24.24

Today’s intelligence from state and/or national reporting

“On The Econ Beat: Virgin Galactic Coming In For A Crash Landing As Stock Sinks Below Key Level And Cash Burn Continues; NM Spaceport Future In The Balance”
New Mexico Politics with Joe Monahan
April 23, 2024

The stock of billionaire Richard Branson’s company dived below a dollar a share Monday, an all-time low. If the stock stays under a buck for 30 days it risks being delisted from the NASDAQ, which would dramatically impact its ability to raise desperately needed funding.

Click on the above link to read this free-access blog post. Scroll down to the entry dated April 23, 2024, which features quotes from Sierra County’s Spaceport America watcher Dan Warren.

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Diana Tittle
Diana Tittle

Diana Tittle, a member of the board of Sierra County Public-Interest Journalism Project, was the editor of the Sierra County Sun, the Citizen's precursor. A former resident of Truth or Consequences who now lives part-time in northern New Mexico, she spent her 42-year professional career in Cleveland, Ohio, where she worked as a newspaper reporter, magazine writer and editor, book author and publisher and publishing consultant. She is the recipient of a Cleveland Arts Prize for Literature.

Posts: 332

One comment

  1. Spaceport America’s anchor tenant is Virgin Galactic. That’s NOT all that’s happening out there. I am disappointed that the SA website doesn’t have more current updates, but I’ve been told by local folks who’ve done business out there that there is a WHOLE lot of development happening (some of it literally underground) that is proprietary. It should be obvious that space travel is a growth industry. But yeah, let’s do everything we can to discredit Spaceport America. Whatever, people….
    And yes, Spaceport America HAS a website. Maybe google it…..

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