Virgin Galactic
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| Founded | 2004 | ||||||
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| Operating bases | |||||||
| Fleet size | 1 (mothership vehicle) (2024) | ||||||
| Destinations | 1 (Space) | ||||||
| Traded as |
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| Headquarters | Tustin, California, U.S | ||||||
| Key people | Michael Colglazier (CEO) Doug Ahrens (CFO) Mike Moses (President – Safety) | ||||||
| Founder | Richard Branson | ||||||
| Revenue | US$2.31 million (2022) | ||||||
| Operating income | US$−500 million (2022) | ||||||
| Net income | US$−500 million (2022) | ||||||
| Total assets | US$1.14 billion (2022) | ||||||
| Total equity | US$480 million (2022) | ||||||
| Employees | 1,166 (2022) | ||||||
| Website | virgingalactic.com | ||||||
| Notes | |||||||
Financials as of December 31, 2022. | |||||||
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Virgin Galactic Holdings, Inc. is a British-American spaceflight company founded by Richard Branson and the Virgin Group conglomerate, which retains an 11.9% stake through Virgin Investments Limited.
The company in California, and operates from New Mexico. The company develops commercial spacecraft and provides suborbital spaceflights to space tourists. Virgin Galactic's suborbital spacecraft are air launched from beneath a carrier airplane known as White Knight Two. Virgin Galactic's maiden spaceflight occurred in 2018 with its VSS Unity spaceship.
The company did the early work on the satellite launch development of LauncherOne before this was hived off to a separate company, Virgin Orbit, in 2017. The company was shut down in May 2023.
On 13 December 2018, VSS Unity achieved the project's first suborbital space flight, VSS Unity VP-03, with two pilots, reaching an altitude of 82.7 kilometres (51.4 mi), and officially entering outer space by U.S. standards. In February 2019, the project carried three people, including a passenger, on VSS Unity VF-01, with a member of the team floating within the cabin during a spaceflight that reached 89.9 kilometres (55.9 mi). On 11 July 2021, founder Richard Branson and three other employees rode on VSS Unity 22 as passengers, marking the first time a spaceflight company founder has travelled on his own ship into outer space. In February 2022, Virgin Galactic announced that it was opening ticket sales to the public. The price of a reservation was $450,000. In June 2023, Virgin Galactic launched its first commercial space tourism flight called Galactic 01. Galactic 07 in June 2024 was the final flight of Unity as the company shifted focus to its Delta class vehicles and a higher launch cadence.
In February 2025, a ticket for a seat is estimated to cost about $600,000.