Virgin Galactic Reopens Ticket Sales at $750,000 per Seat for Flights in 2026
Virgin Galactic has reopened ticket sales for its commercial spaceflights starting in February 2026, with prices now set at $750,000 per seat—up from the previous price of $600,000. The company sold out its initial offering and is optimistic about demand continuing to support financial improvements. In Q2 earnings, Virgin Galactic reported a significant cash burn but also highlighted progress in reducing debt by paying down nearly $58.4 million. Management expects positive quarterly cash flow within 2027 if current trends continue. The company forecasts annual revenue of up to $450 million and adjusted EBITDA between $90 million and $115 million from its initial fleet alone. Despite these developments, Virgin Galactic is still projected to burn around $190 million in cash for the second half of 2026. With a current market cap near $350 million and limited liquidity, further equity raises could dilute existing shareholders.
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Topics: cash burn reduction commercial flights ticket sales Virgin Galactic