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Virgin Galactic restarts space-trip sales at $450,000 and up

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By The Associated Press

Virgin Galactic is selling tickets for space flights again, just weeks after founder Richard Branson rode a rocket-powered plane to more than 50 miles above the Earth. Tickets aren’t cheap. Virgin Galactic is setting prices to start at $450,000 a seat. The company announced the sales as it reported Thursday that it lost $94 million in the second quarter. Costs for overhead and sales jumped from a year earlier. Revenue was just $571,000, barely enough to cover one seat on a future flight. 

Article Topic Follows: Biz/Tech

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Associated Press

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