Branson's Virgin Galactic re-opens ticket sales for spaceflight, shares soar

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Billionaire Richard Branson's Virgin Galactic Holdings Inc said on Tuesday it is re-opening ticket sales for upcoming space travel to the general public from Feb. 16, driving its shares more than 10% higher in premarket trading.

said on Tuesday it is re-opening ticket sales for upcoming space travel to the general public from Feb. 16, driving its shares more than 10% higher in premarket trading."We plan to have our first 1,000 customers on board at the start of commercial service later this year," Virgin Galactic Chief Executive Officer Michael Colglazier said in a statement.

The spaceflight reservations include access to the Future Astronaut community, which will provide members access to events, trips and space-readiness activities before their trip. A handful of companies including Elon Musk's SpaceX and Jeff Bezos' Blue Origin are striving to make space tourism a reality, and some have already launched civilian missions.Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath

 

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