Virgin Galactic is booking space trips at $750,000 apiece

Core Viewpoint - Virgin Galactic Holdings Inc. has resumed limited sales of its commercial space flights, indicating a move towards restarting tourism operations after a two-year pause [1][2]. Group 1: Ticket Sales and Pricing - The company has released tickets for spaceflight expeditions priced at $750,000, which is approximately $100,000 higher than previous prices [1]. - Virgin Galactic's stock rose as much as 20% following the announcement of ticket sales [2]. Group 2: Financial Performance - For the fourth quarter of 2025, Virgin Galactic reported revenue of about $312,000, which was below the expected $360,000 [3]. - The company incurred a loss of 98 cents per share in the quarter, exceeding the Wall Street forecast of an 82-cent loss [3]. Group 3: Future Plans and Financial Position - Virgin Galactic expects its second SpaceShip to enter service between late fourth quarter of this year and early 2027, with plans to ramp up spaceflights [4]. - The company reported cash and cash equivalents of $144.7 million, down 19% from the previous year, and anticipates burning around $90 million in the first quarter of 2026 [4].