Richard Branson’s Virgin Galactic Cleared for Takeoff as House Tourism Race Heats Up

Billionaire Richard Branson’s spaceship firm Virgin Galactic mentioned on Friday it obtained approval from the US aviation security regulator to fly individuals to house, turning up the stress on rivals within the nascent and costly house tourism sector.

The approval from the Federal Aviation Administration (FAA) comes at a crucial time for Branson as his house enterprise faces off towards Amazon founder Jeff Bezos’ Blue Origin and Tesla boss Elon Musk’s SpaceX.

Branson, Bezos, and Musk have been investing billions of {dollars} on their rocket startups.

Branson, who’s reportedly flying to house himself in a bid to beat rival billionaire Bezos to the ultimate frontier, obtained the inexperienced gentle only a month after a profitable check flight.

Virgin Galactic final month accomplished its first manned house flight from its new residence port in New Mexico in May, as its SpaceShipTwo craft with a capacity of six passengers glided to a touchdown on a runway safely with its two pilots.

“At this time’s approval by the FAA … provides us confidence as we proceed towards our first totally crewed check flight this summer,” Virgin Galactic Chief Government Officer Michael Colglazier mentioned in an announcement.

© Thomson Reuters 2021


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