Virgin Galactic (SPCE) Reopens Spaceflight Tickets at $750,000 Each

AI Summary

Virgin Galactic Holdings Inc (NYSE:SPCE) shares increased by 16% to approximately $2.90 following the announcement of resuming ticket sales for space flights at $750,000 per seat, up from $600,000. This move signals underlying demand for their 'Spaceflight Expeditions' and a strengthened outlook for future revenue. The company is also progressing on its next-generation SpaceShips, with assembly nearly complete and ground testing scheduled for April 2026. The second SpaceShip is expected to enter service between late 2026 and early 2027, aimed at increasing flight frequency and capacity.