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CEO NA Magazine > News > Virgin Galactic reopens ticket sales with seat prices starting at $450,000

Virgin Galactic reopens ticket sales with seat prices starting at $450,000

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Virgin Galactic reopens ticket sales with seat prices starting at $450,000
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Virgin Galactic delivered second-quarter results after the market closed on Thursday and announced that it will reopen ticket sales, with seat prices starting at $450,000.

The company also announced its next spaceflight test will hopefully take place in late September from Spaceport America in New Mexico, carrying members of the Italian Air Force.

Shares of Virgin Galactic rose 4% in after-hours trading from its close of $31.53.

Virgin Galactic reported an adjusted EBITDA loss of $56 million in the second quarter, just above the loss of $55.9 million in the prior quarter. It generated $571,000 of revenue in the second quarter, coming from the scientific research experiments onboard its May spaceflight test.

Tags: Virgin Galactic

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