Virgin Galactic (SPCE) is a leader in the novel industry of space tourism. After several troubled launch attempts, SPCE showed that its proprietary spacecraft can reach space successfully. SPCE has already filled 650 pre-orders for suborbital tourism flights - each valued at over $250,000. Furthermore, SPCE expects to generate over $1Billion in annual revenue from each spaceport it develops, with the goal of launching over 400 space flights per year from each spaceport. With a seemingly proven technology, a massive addressable market and over $500 Million in cash SPCE seems well positioned - until you see it is burning through cash quick. The question then becomes, will SPCE stay afloat long enough to capture a part of this next gen market?