You can now book your $450,000 ticket to fly into space with Virgin Galactic

Feb 16, 2022

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

The fledgling spaceline Virgin Galactic announced it is now selling tickets for seats on its rocket ship to members of the general public who can afford a 90-minute jaunt into space.

Ticket are officially on sale to anyone who can afford one as of February 16. The cost is $450,000 per seat, a price tag the company had previously revealed last August just weeks after founder Sir Richard Branson had reached the edge of space in the Unity spacecraft. The spaceline, which is based in New Mexico, says a third of the cost of the ticket, $150,000, must be paid in an initial deposit ($25,000 of which is non-refundable), and the remaining balance due before the flight takes off.

A hefty price, for sure. But think of the points you’ll accrue when you slap down your credit card to reserve your seat.

Want more TPG news delivered straight to your inbox? Sign up for our daily newsletter

If the sky-high price tag would keep your feet firmly planet on earth, there is a points and miles option. Anyone with 2 million Virgin Points can enter a prize draw to redeem those points for a trip with Virgin Galactic – its a three day trip including the two-hour space flight and at least five minutes of weightlessness.

You’ll only need to redeem the points if you win the prize draw.

According to CNBC, Virgin Galactic has had about 600 reservations on the books from ticket sales going back several years, when a trip to suborbital space was being sold for about $200,000 to $250,000 per seat. The company actually sold about 100 tickets at the increased $450K price last summer. During Virgin Galactic’s most recent earnings call in November, CEO Michael Colglazier said the company had been testing its sales process had sold about 100 seats at the new $450k price point. Its goal is to book 1,000 sales before commercial flights actually begin, which right now appears to be in October.

Virgin Galactic founder Richard Branson in space onboard the Unity craft in July, 2021. (Photo courtesy of Virgin Galactic)

This marks an encouraging turnaround for the company, which saw its stock price jump by more than 30% on the news of ticket sales reopening. The Wall Street Journal says Virgin Galactic stock has lost 80% of its value in the past year after delays caused the optimism and public-relations buzz from Branson’s flight to space on the air-powered Unity rocket to fade. Branson had won the “Billionaire Space Race” by beating Amazon boss Jeff Bezos to the launchpad and getting to space first. Companies like Virgin Galactic and Bezos’ Blue Origin have both been trying to develop a viable business model around space tourism.

But there were also safety concerns after a story in the New Yorker revealed that the Federal Aviation Administration was investigating a red warning light that had gone off in the cockpit during Branson’s flight. The FAA grounded all flights as it probed the incident, but eventually gave Virgin Galactic approval to resume operations.

 Featured Image courtesy of

Citi Premier® Card

This card offers a 80,000-point bonus after spending $4,000 in the first three months. Plus, earn 3 ThankYou points per $1 at gas stations, restaurants, supermarkets and on air travel and hotels. 1 ThankYou point per $1 on all other purchases.

Apply Now
More Things to Know
  • For a limited time, earn 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3 Points per $1 spent at Restaurants and Supermarkets
  • Earn 3 Points per $1 spent at Gas Stations, Air Travel and Hotels
  • Earn 1 Point per $1 spent on all other purchases
  • Annual Hotel Savings Benefit
  • 80,000 Points are redeemable for $800 in gift cards when redeemed at
  • No expiration and no limit to the amount of points you can earn with this card
  • No Foreign Transaction Fees on purchases
Regular APR
18.24% - 26.24% (Variable)
Annual Fee
Balance Transfer Fee
Balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.
Recommended Credit
Excellent, Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.