Advertisement
Canada markets closed

  • S&P/TSX

    21,947.41
    +124.21 (+0.57%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +449.98 (+1.18%)
     

  • CAD/USD

    0.7313
    -0.0001 (-0.02%)
     

  • CRUDE OIL

    77.99
    -0.12 (-0.15%)
     

  • Bitcoin CAD

    87,358.44
    +342.40 (+0.39%)
     

  • CMC Crypto 200

    1,330.81
    +53.83 (+4.22%)
     

  • GOLD FUTURES

    2,310.10
    +1.50 (+0.06%)
     

  • RUSSELL 2000

    2,035.72
    +19.61 (+0.97%)
     

  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     

  • NASDAQ

    16,156.33
    +315.33 (+1.99%)
     

  • VOLATILITY

    13.49
    -1.19 (-8.11%)
     

  • FTSE

    8,213.49
    +41.34 (+0.51%)
     

  • NIKKEI 225

    38,236.07
    -38.03 (-0.10%)
     

  • CAD/EUR

    0.6790
    -0.0027 (-0.40%)
     

Branson's Virgin Galactic to sell space flight tickets starting at $450,000

Reuters
Updated ·1 min read
Billionaire entrepreneur Richard Branson wears his astronaut's wings at a news conference at Spaceport America

(Reuters) - Spaceship company Virgin Galactic said it will open ticket sales on Thursday for space flights starting at $450,000 a seat, weeks after billionaire founder Richard Branson's high-profile trip to the edge of space. Branson soared more than 50 miles above the New Mexico desert aboard a Virgin Galactic rocket plane on July 11 and safely returned in the vehicle's first fully crewed test flight to space, a symbolic milestone for a venture he started 17 years ago.

Shares of the company rose 5% in extended trading on Thursday.

In June, Virgin Galactic received approval from the U.S. aviation safety regulator to fly people to space.

The company said it will have three consumer offerings - a single seat, a multi-seat package and a full-flight buy out.

Sales will initially open to the company's significant list of "early hand-raisers", it said.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Devika Syamnath)