Virgin Galactic launches tourists to space for the first time

Virgin Galactic launches tourists to space for the first time


[The livestream is slated to begin at 11 a.m. ET. Please refresh the page if you do not see the video player above.]

Virgin Galactic flew its second commercial spaceflight on Thursday, its first carrying private-paying tourists.

Called Galactic 02, the flight launched from Spaceport America in New Mexico. The company’s spacecraft was flown by a pair of pilots – CJ Sturckow and Kelly Latimer – and carried four other people: Virgin Galactic chief astronaut trainer Beth Moses, to oversee the mission from inside the cabin, and a trio of passengers.

The three customers onboard Galactic 02 were British former Olympian Jon Goodwin and two passengers from the Caribbean, Keisha Schahaff and Anastatia Mayers, who won seats through a charity fundraising drawing by nonprofit Space for Humanity.

The flight takes customers past an altitude of 80 kilometers, or about 262,000 feet — what the U.S. recognizes as the boundary of space.

The mission is Virgin Galactic’s seventh spaceflight to date, and its third since May. The company aims to fly spacecraft VSS Unity at a rate of once a month and is developing a fleet of spacecraft called “Delta-class,” planned to debut in 2026, to fly at a weekly rate.

Sign up here to receive weekly editions of CNBC’s Investing in Space newsletter.

Virgin Galactic uses a two-step system known as “air launch” to fly its passengers on a suborbital spaceflight. 

This type of spaceflight gives passengers a couple of minutes of weightlessness, unlike the much longer, more difficult and more expensive private orbital flights conducted by Elon Musk’s SpaceX. During Virgin Galactic’s second-quarter earnings call, CEO Michael Colglazier addressed concerns about extreme tourism experiences in the wake of the Titan submersible tragedy earlier this year.

“We did not, in fact” see any fallout from Virgin Galactic customers, Colglazier said.

The company completed its first commercial spaceflight, the Galactic 01 mission, in June carrying members of the Italian Air Force.

Virgin Galactic has a backlog of about 800 passengers. Many of those tickets were sold at prices between $200,000 and $250,000 over a decade ago, but the company reopened ticket sales two years ago, with pricing beginning at $450,000 per seat.



Source

International inbound travel to U.S. shows mixed recovery
Business

International inbound travel to U.S. shows mixed recovery

A passenger passes a giant American flag as they make their way to and from their gates during the Memorial Day weekend getaway at John Wayne Airport Orange County in John Wayne Airport, Santa Ana, CA on Thursday, May 26, 2022. Allen J. Schaben | Los Angeles Times | Getty Images Canadian travel dropped sharply […]

Read More
Insurers just marked the costliest first half of the year since 2011
Business

Insurers just marked the costliest first half of the year since 2011

A worker helps board up windows at Joey and Brenda Bermudez’s home that was damage by a recent tornado at the Elkhorn Ranch neighborhood in Elbert County on May 19, 2025. RJ Sangosti | MediaNews Group | Denver Post | Getty Images Global insured losses for the first half of this year have reached $84 […]

Read More
Rich American Express customers continue to spend freely, with one exception
Business

Rich American Express customers continue to spend freely, with one exception

American Express has long benefited from a focus on wealthier customers who appreciate the credit card company’s travel and dining perks. That has helped insulate the company from concerns over a spending slowdown. In the second quarter, total spending on Amex cards jumped 7%, matching the first quarter and higher than the 6% increase a […]

Read More