Back

Virgin Galactic Seeks Space Tourism Revival After Bezos Retreat.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Duffy, Kate 3 of 3

Abstract

The article focuses on Virgin Galactic Holdings Inc.'s plans to expand its space tourism business following Blue Origin's suspension of tourist flights. Virgin Galactic, founded by Richard Branson, is developing an upgraded Delta spacecraft expected to debut by the end of 2026, capable of multiple flights per week with rapid turnaround times. The company has paused tourism operations in 2024 to focus on this development and plans to reopen ticket sales, having already sold 700 seats at about $600,000 each. Virgin Galactic aims to fill the market gap left by Blue Origin and anticipates that increased flight frequency will reduce ticket prices over time. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2026
  • Accession Number:192126737
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.