Virgin Galactic Restarts Ticket Sales at $450,000 Per Seat Virgin Galactic is re-opening ticket sales to people who want to take a ride on its rocket-powered suborbital space plane.

By Emily Rella

Opinions expressed by Entrepreneur contributors are their own.

Patrick T. Fallon | Getty Images

For the first time in years, Virgin Galactic is re-opening ticket sales to people who want to take a ride on its rocket-powered suborbital space plane.

The trip will cost them $450,000, which is an increase over previous prices.

Single-seat reservations will start at $450,000, but there are also multi-seat reservations as well as an option to buy out all six seats on a flight.

There will be seats available for microgravity research and professional astronaut training, costing $600,000. CEO Michael Colglazier laid out the new plan during an earnings call Thursday.

Related: Did Richard Branson Really Go Into Space?

First dibs on the tickets will go to those who recently put down a $1,000 deposit to join the company's "Spacefarer Community." Around 1,000 people are on that list, but 600 people who bought tickets almost a decade ago are also on a waiting list. The prices back then were between $200,000 and $250,000.

Founder Richard Branson recently took a ride on the space plane himself.

The company says it's ready to start commercial flights next year after revamping the plane's design. In 2014, an accident during a test flight killed co-pilot Michael Alsbury.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

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