The ticket window for space flight opens again Virgin Galactic, The starting price for each seat is 450,000 USD.
The space travel company said on Thursday that it is making progress towards starting revenue flights next year. It will sell individual seats, package deals and entire flights.
Virgin Galactic announced these products because it reported on Thursday that it lost $94 million in the second quarter due to soaring administrative expenses and cost of sales. The company’s reported revenue is $571,000, which is only enough to occupy a seat on future flights.
The company’s most notable recent achievement was that last month, after the end of the quarter, founder Richard Branson and five crew members soared 53.5 miles (86 kilometers) above the New Mexico desert.
Chief Executive Michael Kerr His Blue Origin spacecraft enters space.
The Las Cruces, New Mexico-based company received regulatory approval in June to send people into space.
Virgin Galactic said that “early people” will prioritize seat reservations and will create another list for new customers.
The company’s next space flight is planned to be carried out in New Mexico with the Italian Air Force in late September.
Virgin Galactic said that at the end of the quarter, its cash and equivalents totaled $552 million.
The results will be announced after the stock market closes. The company’s stock price rose nearly 5% in after-hours trading.
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