{"id":511414,"date":"2021-08-06T07:16:02","date_gmt":"2021-08-06T05:16:02","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=511414"},"modified":"2021-08-06T07:16:02","modified_gmt":"2021-08-06T05:16:02","slug":"the-cost-of-a-virgin-galactic-ticket-to-space","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/technology\/511414\/the-cost-of-a-virgin-galactic-ticket-to-space\/","title":{"rendered":"The cost of a Virgin Galactic ticket to space"},"content":{"rendered":"

Inflation isn\u2019t just climbing here on Earth. Virgin Galactic Holdings Inc is resuming ticket sales for trips to space at a new price of $450,000 a ride.<\/p>\n

Sales are restarting immediately and available tickets range from individual seats to a \u201cfull-flight buyout,\u201d chief executive officer Michael Colglazier said in a statement Thursday as the company reported financial results.<\/p>\n

Virgin Galactic had charged $250,000 for each ticket, before halting sales while it continued work on its spacecraft.<\/p>\n

The Las Cruces, New Mexico-based company is looking to build a space-tourism business after a successful test flight last month with founder Richard Branson and five Virgin Galactic employees aboard. The suborbital trip lasted about an hour.<\/p>\n

Jeff Bezos\u2019s Blue Origin and Elon Musk\u2019s Space Exploration Technologies Corp are working on tourism offerings of their own.<\/p>\n

Virgin Galactic advanced 5.7% to $33.33 after the close of regular trading in New York.<\/p>\n

\n

Read: A new space travel company is offering tourists balloon rides to the stratosphere<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Inflation isn\u2019t just climbing here on Earth. Virgin Galactic Holdings Inc is resuming ticket sales for trips to space at a new price of $450,000 a ride.<\/p>\n","protected":false},"author":59,"featured_media":511418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9878],"tags":[26,8828],"class_list":["post-511414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-headline","tag-virgin-galactic"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/511414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=511414"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/511414\/revisions"}],"predecessor-version":[{"id":511420,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/511414\/revisions\/511420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/511418"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=511414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=511414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=511414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}