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Virgin Galactic is resuming sales of its commercial space flights on a limited basis – although ticket prices have increased from the company’s previous rates.
The company announced its financial results for the fourth quarter and full year 2025, indicating that work on the spaceship fleet is progressing. commercial space flights to resume.
“We met important milestones during the first quarter of 2026, and with assembly of our first spaceship nearly complete and ground testing scheduled to begin in April, we have released a limited number of Virgin Galactic spaceflight missions, each valued at $750,000,” Michael Colglazier, CEO of Virgin Galactic Holdings, said in the release.
Virgin Galactic’s price point of $750,000 for commercial space flights is an increase of about $100,000 from the fee it charged nearly two years ago before it halted space flights to focus on building its spacecraft that will take over the company’s space tourism business.
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Virgin Galactic was founded by Sir Richard Branson. (John Lamperski/Getty Images)
Colglazier said that Company’s first spaceship Almost complete and ready for testing, construction of its second spaceship is in progress and is expected to enter service late this year or early next year.
“Construction efforts are critical to support the testing and production of our second spaceship, which we expect to enter service between the end of the fourth quarter of 2026 and the first quarter of 2027, consistent with our planned ramp up in spaceflight cadence,” he explained.
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| anchor | Security | Last | Change | Change % |
|---|---|---|---|---|
| SPCE | Virgin Galactic Holdings Inc. | 2.42 | +0.27 |
+12.27% |
“With spaceship production well underway, we are preparing for rocket motor assembly at our Phoenix factory, with manufacturing planned to begin in the fourth quarter of 2026,” Colglazier said.
“We continue to strategically manage our capital to support our planned ramp in cash flow commercial spaceline Operation.”
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Virgin Galactic’s passenger rocket plane VSS Unity is being retired in favor of its next-generation Delta class spaceship. (Joe Skipper/Reuters)
Virgin Galactic said in its full-year 2025 financial highlights that revenue dropped from $7 million in 2024 to $2 million last year, a move largely fueled by commercial spaceflight halts.
the company is new delta class spaceship Has a greater capacity of six passengers instead of four, and is also designed to handle higher operating speeds of space flights than Virgin Galactic’s Unity prototype.
Virgin Galactic SpaceShipTwo space plane Unity will fly to Spaceport America near Truth and Consequences, New Mexico in 2021. (Patrick T. Fallon/AFP via Getty Images)
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