Galactic has been selling tickets for a $250,000 deposit. Musk bought his back in 2006, Forbes learned.
Musk’s deposit entitles him to a seat on a Virgin Galactic space plane which currently has capacity for eight people, six passengers and two pilots. Virgin Galactic–which has often pushed back its time frame estimates–has said it wants to start flying paying customers in 2022.Branson founded Virgin Galactic in 2004, building on the success of Burt Rutan’s famous reusable spacecraft design that had won the Ansari X-Prize thanks to backing from Microsoft’s late billionaire cofounder Paul Allen.
Even back then Branson and Musk were on the same page. “I actually sat with Elon Musk in the winter of 2004 when we were both in front of Congress getting the commercial space launch amendment act passed,” Whitehorn recalls. “He had a vision which Richard had of basically space being a place profitably [to] save humanity–to put it in the bluntest terms.”
Virgin Galactic doesn’t publicize the names of those who have bought a ticket, or even the price of that ticket, but celebrities like Kate Winslet, Tom Hanks and Justin Bieber are often reported to have also put their names down. The company’s most recent quarterly report listed customer deposits of $83 million, suggesting that approximately 300 people have signed up for the 90-minute trip, to experience 7 or so minutes of zero-g weightlessness.
But there’s still some way to go before Virgin Galactic is the billion-dollar-a-year space tourism company it aims to be. According to
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