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How much did the Titan sub cost to make? Exploring OceanGate's finances - Dexerto


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Published in Business and Finance on by Dexerto   Print publication without navigation

A breakdown of the costs for building the Titan submersible, as well as where the financing for Stock Rush's OceanGate came from.

The Titan submersible, operated by OceanGate, was constructed at a cost of approximately $30 million, as reported by OceanGate CEO Stockton Rush. This vessel, designed for deep-sea exploration, tragically imploded during a dive to the Titanic wreckage on June 18, 2023, resulting in the loss of all five passengers on board. The incident has sparked significant interest and led to the development of various media projects, including a planned Netflix documentary titled "Salvaged," directed by E. Chai Vasarhelyi and Jimmy Chin, which aims to explore the events surrounding the submersible's final voyage. Additionally, a separate docuseries by MindRiot Entertainment is in the works, focusing on the broader context of deep-sea exploration and the Titan's story.

Read the Full Dexerto Article at:
[ https://www.dexerto.com/tv-movies/how-much-did-the-titan-sub-cost-to-make-oceangate-netflix-3214107/ ]

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