Virgin Galactic Holdings Inc. said it is pushing back the launch of full commercial service for private-astronaut trips until toward the end of next year as it works to improve its space vehicles.
The company founded by billionaire entrepreneur Richard Branson said Thursday that it now believes it will launch private-astronaut flights in the fourth quarter of 2022, instead of the end of the third quarter of next year, as Chief Executive Michael Colglazier previously told investors. The company has said it is charging at least $450,000 a seat for private-astronaut flights.
