Virgin Galactic Restarts Ticket Sales at $450,000 per Seat

Virgin Galactic Restarts Ticket Sales at $450,000 per Seat
British billionaire Richard Branson is welcomed as he arrives at Spaceport America near Truth or Consequences, New Mexico, hours before travel to the cosmos aboard a Virgin Galactic space vessel, on July 11, 2021. (Patrick T. Fallon/AFP via Getty Images)
Entrepreneur
8/7/2021
Updated:
8/7/2021
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 well as an option to buy out all six seats on a flight.

There will be seats available for microgravity research and professional astronaut training, costing $600,000. CEO Michael Colglazier laid out the new plan during an earnings call Thursday.

First dibs on the tickets will go to those who recently put down a $1,000 deposit to join the company’s “Spacefarer Community.” Around 1,000 people are on that list, but 600 people who bought tickets almost a decade ago are also on a waiting list. The prices back then were between $200,000 and $250,000.

Founder Richard Branson recently took a ride on the space plane himself.

The company says it’s ready to start commercial flights next year after revamping the plane’s design. In 2014, an accident during a test flight killed co-pilot Michael Alsbury.

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