Virgin Galactic Restarts Space-trip Sales at $450,000 and Up

The ticket window is open again for space flights at Virgin Galactic, with prices starting at $450,000 a seat.

The space-tourism company said Thursday it is making progress toward beginning revenue flights next year. It will sell single seats, package deals and entire flights. Virgin Galactic announced the offerings as it reported Thursday that it lost $94 million in the second quarter on soaring costs for overhead and sales. The company posted revenue of $571,000, barely enough to cover one seat on a future flight. The company's most noteworthy recent achievement came last month, after the quarter ended, when founder Richard Branson and five crewmates soared to 86 kilometers (53.5 miles) above the New Mexico desert.