Tickets are on sale now for a ride to space aboard Sir Richard Branson’s “spaceline” Virgin Galactic. The starting price? $450,000. Nearly two years after the historic flight that earned its founder his astronaut wings, the company revealed plans to launch its first two commercial spaceflights. The company also opened ticket sales for seats aboard…
Want to Be an Astronaut? Get Ready to Take Advantage of America’s Private Space Boom
June 21, 2023
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Virgin Galactic Partners With Boeing’s Aurora to Develop New Motherships
Virgin Galactic announced Wednesday that Boeing subsidiary Aurora Flight Sciences will help design and build its next-generation motherships. The mothership is a dual-fuselage aircraft carrier that takes off and carries the Virgin Galactic spaceship to its release altitude of around 50,000 feet, where the spaceship then launches from atop the mothership into space. The current…
Virgin Galactic Rockets Higher After Latest Space Travel Announcement
February 16, 2022
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Virgin Galactic Holdings Inc. shares are trading higher Tuesday after the space travel company announce it will open ticket sales to the general public for the purchase of one of Virgin Galactic’s initial spaceflight reservations. During spaceflight, astronauts will experience a 90-minute journey including a signature air launch and Mach-3 boost to space. Virgin Galactic shares…
FAA Clears Virgin Galactic’s SpaceShipTwo to Fly Again After Investigation Into July Flight Mishap
The U.S. Federal Aviation Administration (FAA) has cleared Virgin Galactic’s SpaceShipTwo to fly again following an inquiry into a incident during its July spaceflight, the company announced Wednesday. The FAA announced in August that it was investigating the mishap in which a rocket ship carrying Virgin Group founder Richard Branson and five Virgin Galactic employees veered off course during its…
SpaceX Capsule With World’s First All-Civilian Orbital Crew Set for Splashdown
The quartet of newly minted citizen astronauts comprising the SpaceX Inspiration4 mission was due to splash down in the Atlantic off Florida on Saturday, completing a three-day flight of the first all-civilian crew ever launched into Earth orbit. To prepare for atmospheric re-entry and return to Earth, the SpaceX Crew Dragon vehicle completed two rocket…
Virgin Galactic Falls as Billionaire Branson Sells Stake Worth $300 Million
Shares of Virgin Galactic Holdings Inc fell more than 3 percent on Friday after its founder and British billionaire Richard Branson sold a portion of his stake for nearly $300 million. Branson sold more than 10 million shares between Aug. 10 and 12, according to a regulatory filing from late Thursday. The move comes a…
Virgin Galactic Restarts Ticket Sales at $450,000 per Seat
By Entrepreneur Staff For the first time in years, Virgin Galactic is reopening ticket sales to people who want to take a ride on its rocket-powered suborbital space plane. The trip will cost them $450,000, which is an increase over previous prices. Single-seat reservations will start at $450,000, but there are also multi-seat reservations as…
Virgin Galactic Gets FAA’s OK to Launch Customers to Space
CAPE CANAVERAL, Fla.—Virgin Galactic finally has the federal government’s approval to start launching customers into space from New Mexico. Richard Branson’s rocketship company announced the Federal Aviation Administration’s updated license on Friday. It’s the final hurdle in Virgin Galactic’s yearslong effort to send paying passengers on short space hops. The company is working toward three…
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