Billionaire Richard Branson's Virgin Galactic plans to fly tourists to the edge of space within a year, company executives say.
Branson and the Virgin Galactic's new chairman Chamath Palihapitiya disclosed the new timeline during a press tour announcing the company's plans to become the first publicly-listed space tourism company.
Having demonstrated the repeatability our full flight profile with two crewed spaceflights, we had an opportunity to rethink our investment plans. @virgingalactic is now on track to become the first ever publicly listed human spaceflight company https://t.co/mk5dCNKulq pic.twitter.com/R1Ib7i2tL9 Palihapitiya said that 600 future astronauts have paid $80 million in deposits on the $250,000 flights to space, adding that the company expects to be profitable by August 2021.
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