Richard Branson's Virgin Galactic Reopened Ticket Sales at $750,000 a Seat in 2026, Up From the $600,000 It Charged for 700 Previously Sold Seats. Is SPCE Stock's Pricing Power Finally Catching Up to Its Cash Burn?
The space tourism and aerospace company could achieve positive cash flow as soon as 2027.
Virgin Galactic has resumed selling tickets for its upcoming commercial flights, this time at a higher price of $750,000 per seat, up from $600,000. This comes after the company successfully sold out its initial offering of flight tickets, priced at $750,000 each, back in August. Despite the increase in ticket prices, the company is still facing significant cash burn, with guidance for up to $190 million in cash burn for the second half of 2026.
Virgin Galactic's CEO, Michael Colglazier, remains optimistic, stating that the company expects to generate positive quarterly cash flow by 2027. However, investors should exercise caution and wait for a more favorable entry point, as the company's prospects remain uncertain.
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