Virgin Galactic Reopens Spaceflight Bookings

Virgin Galactic has announced the resumption of commercial spaceflight sales, offering a limited number of tickets priced at $750,000 each. This represents an increase of approximately $100,000 compared to previous pricing before sales were paused nearly two years ago.

Fleet Development and Increased Capacity

SpaceShip Progress

The reopening of sales aligns with the company’s financial results and reported advancements in the development of its SpaceShip fleet. Michael Colglazier, CEO of Virgin Galactic Holdings, stated, “We completed pivotal milestones during the first quarter of 2026, and with assembly of our first SpaceShip nearly complete and ground testing set to begin in April, we have released a limited number of Virgin Galactic Spaceflight Expeditions, each priced at $750,000.”

Second SpaceShip and Rocket Motor Assembly

Construction of the company’s second SpaceShip is also underway, with plans for it to enter service between late Q4 2026 and early Q1 2027. Colglazier further explained, “Fabrication efforts are pivoting to support testing and production of our second SpaceShip, which we expect will enter service between late Q4 2026 and early Q1 2027 in line with our planned ramp in spaceflight cadence.” Rocket motor assembly is scheduled to begin at the company’s Phoenix factory in Q4 2026.

Financial Performance and Future Outlook

Virgin Galactic reported a decrease in revenue from $7 million in 2024 to $2 million in 2025, largely attributed to the pause in commercial spaceflights. The new Delta class SpaceShips are designed to carry six passengers – an increase from the four accommodated by the Unity prototype – and are intended to support a higher frequency of spaceflights.

Colglazier emphasized the company’s strategic capital management to support increased cash flow from commercial space operations. “With production of SpaceShips well underway, we are gearing up for rocket motor assembly at our Phoenix factory, with manufacturing planned to begin in Q4 2026,” he added.

Stock Performance

As of afternoon trading, Virgin Galactic shares were up 0.2%, though they remain down more than 24% year-to-date.