Companies like that are just scams to extract money from investors and use it to play with toys.
Companies like that are just scams to extract money from investors and use it to play with toys.
Like most (tech) startups then.
They could probably charge $500k-1m a seat for a person
But you are also correct that people are not rational.
The market for people willing to spend 200+ million on an aircraft is tiny. Assuming a crazy profit margin you would still need to sell something like 1,000 of them to potentially break even on R&D costs which isn’t going to happen.
The market for 50 million dollar business jets is healthier, but even if you assuming half the purchase price was going to R&D you simply aren’t going to sell enough to pay the 10’s of billions needed let alone the risk premium associated with such an extreme solution.
How soon that day comes is proportional to our efforts