(Virgin Galactic) Shares of Virgin Galactic jumped up to 13% on Tuesday after the company announced spaceflight reservations for a total price of $450,000 on February 16.
Galactic CEO Michael Colglazier said the company plans to onboard the first 1,000 customers at the start of commercial service later this year.
Customers can make a $150,000 deposit and complete the payment before their flight.
The company says that the spaceflight reservations also grant access to the Future Astronaut membership community.
Galactic’s expected spaceflight will launch from Spaceport America in New Mexico. The company says astronauts will be treated to a 90-minute journey that includes a signature air launch and Mach-3, with breathtaking views of the earth.
SPCE: NYSE is up 11.55%.
