$450K to take off… even space-flation is getting high (a ticket to the edge of space cost “only” $250K last year). Virgin Galactic shares jumped 12% after it announced it’s teaming up with Boeing subsidiary Aurora Flight Sciences to build two space-tourism carrier planes (dubbed: “motherships”). Virgin's mothership flies the spacecraft to its launch point, where the engine separates and launches passengers into space.
Dinner rez on the ISS… Last year was huge for space tourism, as billionaires like Bezos strapped up in spacesuits (and cowboy hats) to fly VIPs. Last month, Amazon’s Blue Origin launched its fifth space-tourism flight. Meanwhile, SpaceX has launched four crewed flights since last year — but Virgin has just one.
Taking off is easier in twos… Virgin’s deal with Boeing could help it save money on pricey motherships while scaling its biz faster. Getting ahead is key, since the space-tourism market is expected to nearly triple to $3B by 2028. But $$ may still be up and far away for companies like Virgin. The stock’s down 90% from records, and it's TBD when, or if, it’ll become profitable.