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Named the cost of commercial flights into space

Virgin Galactic Holdings Inc. will start selling tickets for suborbital flights on February 16. It is reported by Interfax.

It is noted that Virgin Galactic plans to start sending tourists at the end of 2022. It is assumed that at the first stage, a thousand people will go into orbit, then the scale of the program will be expanded.

One ticket will cost $450,000, including a deposit of $150,000. Thus, the company will be able to earn up to $450 million from ticket sales.

The publication notes that information about the start of sales of tickets for suborbital flights had a positive effect on the value of the company's shares. They jumped in price by 19.3% during trading.

Earlier, British billionaire Richard Branson sold about 6% of the shares of his space company Virgin Galactic for $300 million.

Branson sold about 15.6 million shares and reduced his stake in Virgin Galactic to 11.9%. The average selling price was $19.25 per share. Against the backdrop of this news, Virgin Galactic quotes fell 3.6% to $18.32 on the New York Stock Exchange on November 16.

Named the cost of commercial flights into space