Virgin Galactic Stock Could Become the Berkshire of the Space Industry [The Motley Fool]
Berkshire Hathaway Inc. (BRK.A)
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Source: The Motley Fool
Virgin Galactic Stock Could Become the Berkshire of the Space Industry Here's how one company, plus one publicly-traded stock, could evolve into many companies dominating space for decades. From his initial acquisition of a failing textile manufacturer in 1964 through today, Warren Buffett built Berkshire Hathaway ( NYSE:BRK.A ) ( NYSE:BRK.B ) into a giant of industry, comprising multiple smaller individual companies. Could Virgin Galactic ( NYSE:SPCE ) one day become a similar holding company, and the beginning of a similar empire of corporate brands -- in space? I think it might. In fact, if you examine the record of its founder, British billionaire Sir Richard Branson , I think it's even more likely than not. If you know Berkshire Hathaway, you know that it operates as a conglomerate of multiple companies , painstakingly curated, acquired, and assembled -- but operated separately and independently -- over the course of the last 50-odd years. Geico and Dairy Queen are probably th
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