By Sam Boughedda
Investing.com -- Shares of Virgin Galactic Holdings Inc (NYSE:SPCE) jumped more than 14% Tuesday after it said ticket sales would open to the general public starting on Wednesday.
The tickets — revealed last year — will cost $450,000 each, with an initial deposit of $150,000. There are three different booking options, from a single seat purchase to packaged seats or the option to book entire flights.
Virgin Galactic shares are currently trading at $9.31, up from Monday's $8.14 close.
“We plan to have our first 1,000 customers on board at the start of commercial service later this year, providing an incredibly strong foundation as we begin regular operations and scale our fleet,” said Virgin Galactic CEO Michael Colglazier.
The spaceflights will launch from Spaceport America in New Mexico, with customers experiencing a 90-minute journey, including an air launch.
Virgin Galactic also unveiled a rebrand. The logo, which previously had an image of founder Sir Richard Branson's iris, now features a spaceship. Branson has sold a significant stake in the company since it went public in 2019.