Traveling to outer space isn’t as simple as booking a flight – though there are several businesses working with that goal in mind.
Richard Branson is free to sell a nearly $1 billion stake in Virgin Galactic, half his stake in the aerospace company he founded.
More than 400 people have put down deposits for Virgin Galactic’s future spaceflights, representing more than $100 million in potential future business.
Virgin Galactic’s spaceship VSS Unity landed in the New Mexico desert on Friday, marking its first glide flight from Spaceport America as the company moves toward commercial operations.
One of Britain’s best-known billionaires by putting his Virgin brand on an array of businesses, including planes and trains, cola and bridal gowns, often taking an equity stake and licensing fees in exchange. Several of his biggest forays are focused on travel and tourism. Amid the new coronavirus pandemic, he now finds himself at the epicenter of the meltdown in those industries.
The prototype patient oxygen hoods allow oxygen rich pressure to support those admitted with the virus
The first round of seats went for about $250,000 per person.
Virgin Galactic shares were up 222 percent this year through Thursday.
Virgin Galactic shares are up more than 80 percent during their eight-day winning streak.
Space tourism will eventually become more accessible, a former astronaut said.
Virgin Galactic is the first publicly traded space-tourism company.
'There is something about this that captured the public's imagination, and it is different than everything else.'
Since the dawn of time, mankind has gazed upon the stars and wondered, “What should I wear?”
Would you go to space for $250,000?