Space tourism is currently one of the most promising industries with several major players offering investors exciting prospects. Although tourism has been one of the hardest-hit sectors by the pandemic, space tourism has its own benefits - no restrictions have been imposed on it, so travelers can go to outer space.
Virgin Galactic, a space travel operator, has recently announced it will open ticket sales to the general public. Ticket prices start at $450,000, requiring a $150,000 deposit to secure a seat. The company has previously said that deposits are not refundable.
Virgin Galactic has had about 600 reservations for tickets on future flights for over a decade. Those tickets were sold between $200,000 and $250,000 each. The space travel company opened ticket sales at the price of $450,000 last August and sold 100 additional tickets as of November. Owing to the opening of ticket sales, Virgin Galactic shares skyrocketed by more than 10%.
Alongside selling tickets to the public, Virgin Galactic changed the iris of Sir Richard Branson in its logo to a purple outline of its spacecraft.