Richard Branson Is One Step Closer to Going to Space
In the new race among space tourism companies, Richard Branson's Virgin Galactic seems to keep inching closer to the goal of bringing visitors to the final frontier.
Earlier this year, Branson said Virgin Galactic was just "two or three more flights" away from reaching space.
And on Thursday, Virgin Galactic successfully checked off another one of those test flights. During that test launch, the company's Unity rocket reportedly went faster and higher than ever before.
In fact, Thursday's launch fired the rocket's engine for 11 seconds longer than the last test, for a total burn time of 42 seconds. That's an important benchmark because Virgin Galactic is incrementally increasing the amount of time the engine fires for each flight, Branson told CNBC, until the rocket can reach the target altitude of 264,000 feet — about 7.5x higher than an average commercial flight. At that altitude, astro-tourists onboard can see the curvature of the Earth and feel weightlessness.
"The rocket motor is performing terrific; we're actually getting some extra thrust," Virgin Galactic CEO George Whitesides told CNBC. "Really what that means is that we're getting up to the speed which will be the actual speeds for our spaceflight journey."
A two-member crew operated Unity in Thursday's flight, which was launched by mothership Eve. Unity pushed past the speed of sound at Mach 2.47 speeds and reached a peak altitude of 170,800 feet. It then turned and glided safely back to land on the runway at the space port in the Mojave Desert.

Virgin Galactic already has 700 interested passengers signed up to go to space — for $250,000 a pop.
The space tourism company has made major strides toward its goal after testing was wrenched in 2014 when its first rocket launcher, the Spaceship Enterprise, experienced a fatal crash in October of that year. Virgin Galactic's first power launch since the fatal accident was in April.
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app


