Virgin Galactic Raises Ticket Prices to $450,000, Delays Commercial Flights 2 Quarters, and Reports $94 Million 2nd Quarter Net Loss

Richard Branson and other passengers float around in weightlessness. (Credit: Virgin Galactic)

by Douglas Messier
Managing Editor

On July 11, Richard Branson returned from a suborbital journey declaring the start of a new era of flight that would make outer space open to everyone, and promoting a raffle for two averagenauts to fly aboard early flights of Virgin Galactic’s SpaceShipTwo.

Today, Virgin Galactic announced it was hiking the cost of those seats from $250,000 to $450,000 for new ticket buyers. It was the second time the company has raised ticket prices even before any paying passengers have flown. In 2013, the price rose from $200,000 to $250,000. The first paying passengers haven’t even flown yet.

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Virgin Galactic’s Richard Branson Aims to Fly to Space Before Jeff Bezos

Richard Branson wears the SpaceShipTwo flight suit. (Credit: Virgin Galactic)

Fourth of July weekend could include some extra fireworks this year.

Updated with statement from Virgin Galactic on June 8, 2021 at 10:53 a.m. PDT.

by Douglas Messier
Managing Editor

It looks like Richard Branson could beat fellow billionaire Jeff Bezos to space next month.

Virgin Galactic is working on a plan to send Branson on a suborbital flight aboard the VSS Unity SpaceShipTwo rocket plane over the July 4 holiday weekend, according to a source who requested anonymity. The flight is contingent upon obtaining an operator’s license from the Federal Aviation Administration (FAA).

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Breaking Down Virgin Galactic’s Latest Flight Test

Take me out to the black,
Tell them I ain’t comin’ back.
Burn the land and boil the sea,
You can’t take the sky from me….

— “The Ballad of Serenity,” Sonny Rhodes

“After so many years and so much hard work, New Mexico has finally reached the stars.”

— New Mexico Gov. Michelle Lujan Grisham

by Douglas Messier
Managing Editor

By now, you’ve probably read the rhetoric flourishes in Virgin Galactic’s press release about the company’s first suborbital flight test in more than two years that was conducted on Saturday. Suffice to say, if the stars were located at the altitude that SpaceShipTwo actually reached (55.45 miles/89.2 km), they would take the sky away at the same time they burned the land and boiled the seas. Being suborbital, VSS Unity wouldn’t have helped anyone escape the inferno.

Fortunately, that didn’t happen. So, let’s just put doomsday out of our minds. It’s time to break down what the flight test accomplished, what comes next, and why 27 months passed between powered flights. And what about Jeff Bezos?

Ready? Let’s go!

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Virgin Galactic Extends Partnership with Land Rover Another 3 Years

A Land Rover pulls SpaceShipTwo VSS Imagine. (Credit: Virgin Galactic)
  • Land Rover extends global partnership with Virgin Galactic to 2024
  • Latest spaceship roll-out supported by Range Rover Astronaut Edition
  • Extension will result in a ten-year partnership between two world leaders in adventure, innovation and exploration
  • Land Rover will continue to support Virgin Galactic’s day-to-day operations

LAS CRUCES, NM (Virgin Galactic PR) — Land Rover has announced a three-year extension to its global partnership with Virgin Galactic, the world’s first commercial ‘spaceline’.

Virgin Galactic’s latest spaceship was unveiled today, supported by a Range Rover Astronaut Edition. Land Rover will remain an integrated part of Virgin Galactic’s day-to-day operations as the company completes test flights with ‘SpaceShipTwo’ and begins a regular commercial service.

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Virgin Galactic Unveils a Very Shiny New SpaceShipTwo

SpaceShipTwo VSS Imagine (Credit: Virgin Galactic)

LAS CRUCES, N.M. March 30, 2021 (Virgin Galactic PR) – Virgin Galactic today unveiled the Company’s first SpaceShip III in its growing fleet, VSS Imagine. The spaceship showcases Virgin Galactic’s innovation in design and astronaut experience. Imagine also demonstrates progress toward efficient design and production, as Virgin Galactic works to scale the business for the long-term. VSS Imagine will commence ground testing, with glide flights planned for this summer from Spaceport America in New Mexico.

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