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    Friday, August 6, 2021

    Virgin Galactic Restarts Space-Trip Sales at $450,000 and Up


    After flying its founder Richard Branson to space, Virgin Galactic is restarting ticket sales beginning at $450,000, the company announced Thursday.

    The new price is about double the $200,000 to $250,000 paid by around 600 people who previously booked seats on Virgin's spaceship between 2005 and 2014, as the company looks to cash in on the success of last month's fully-crewed test flight.

    "We are excited to announce the reopening of sales effective today," said CEO Michael Colglazier in a statement, with first dibs going to people on a waiting list.

    "As we endeavour to bring the wonder of space to a broad global population, we are delighted to open the door to an entirely new industry and consumer experience."

    On July 11, Branson beat Blue Origin owner Jeff Bezos to space in a battle between the billionaires. Bezos achieved the feat nine days later.

    The next test flight will come in September and involve members of the Italian Air Force.

    There will be one further test after the September mission, then the first commercial flights will take place in the third quarter of 2022, Colglazier said in an earnings call.

    The offerings for customers will include a single seat; multi-seats for couples, friends or family; and a full-flight buyout.

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