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Virgin Galactic reaches space in rocket-powered plane, eyes space tourism in 2019

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7 years ago

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Virgin Galactic, the space tourism company founded by entrepreneur Richard Branson, has successfully made it to space for the first time with VSS Unity, their SpaceShipTwo-class rocket-powered plane, during the craft’s 4th test flight. This accomplishment makes Virgin the first US-based venture to carry humans to the edge of space since the Space Shuttle program ended in 2011, edging out others with similar goals such as SpaceX and Blue Origin. After taking off at 7:11 am this morning and detaching from WhiteKnightTwo, its custom airliner mothership, pilots Mark “Forger” Stucky and Rick “CJ” Sturckow reached a height 51.4 miles high in the craft to the edge of the stratosphere where they experienced weightlessness and the curvature of the Earth. This success brings the company one step closer to civilian tourist trips, something Branson hopes to achieve as early as 2019.

Unlike a traditional rocket which takes off from the ground, VSS Unity is flown to 43,000 feet underneath a specially designed airliner before being dropped and subsequently lighting up its rocket engines to power it vertically to an even higher altitude. After a 60-second engine burn speeds the craft to nearly three times the speed of sound, it continues its ascent, coasting until it reaches maximum altitude. A special “feather” system is then used for reentry, wherein the craft folds its wings and behaves like a traditional space capsule until the air thickens again, at which time the wings unfold again and behave like a space plane, gliding back to Earth and landing on a landing strip.

Becoming a passenger on one of VSS Unity’s future flights doesn’t come cheap, the price tag being $250,000 per 90-minute flight. However, given the 700 or so paid reservations, including several celebrities, it’s not the money that’s the challenge, it’s the technology. On October 31, 2014, Virgin suffered a crippling setback with the death of co-pilot Mike Alsubry and injury of pilot Peter Siebold when a predecessor craft crashed due to a combination of human error and an engineering flaw. The company received an abundance of criticism focused on whether the danger of space tourism made the rewards worthwhile, but after following recommendations set forth by the National Transportation Safety Board’s report on the incident along with further design and safety enhancements, they forged ahead to make today’s event a reality. Branson started Virgin Galactic in 2004.

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At 51.4 miles high, VSS Unity reached the technical definition of space, earning its pilots commercial astronaut wings by the US Federal Aviation Administration, although the usual international standard is the 62-mile “Karman line”. A typical NASA “sounding rocket”, a small rocket generally launched with equipment on board to take measurements and scientific experiments during an approximately 30-minute sub-orbital flight only, reaches anywhere from 30-80 miles above the Earth. That said, the lower altitude of VSS Unity also provides an opportunity for research, serving the dual-purpose of science and recreation. Four research payloads from NASA’s Flight Opportunities Program were on board its historic test flight as well as a test dummy, making the trip revenue-earning for the first time as well.

Virgin Galactic has more tests of VSS Unity planned before moving to Spaceport America in New Mexico where it will set up its tourism operation. Branson hopes to compete directly with Blue Origin, the rocket company founded by Amazon’s Jeff Bezos which also plans to ferry customers to space. Bezos’s venture will use a more traditional, reusable ground-based rocket, the New Shepard, that lands after returning from sub-orbit similar to SpaceX’s Falcon 9 first stages. Unlike Virgin, crewed flights and “pre-sales” have not yet been part of Blue Origin’s process, but plenty of information is available for potential customers on its website.

The parent company of Virgin Galactic (Virgin) has another space-based venture in its wings: Virgin Orbit. Using a system similar to NASA’s Pegasus rocket, a small rocket complete with payload will launch from a modified Boeing 747-400 airliner, the combo being called LauncherOne and Cosmic Girl, respectively. The company has its sights set on the small satellite industry, identifying a need that’s not currently being met by other launch providers, and its business model centers on proving low-cost access to space for existing companies, students, entrereneurs, and other types hoping to use space as part of their research or business endeavors.

Watch the below video clip for more on Virgin Galactic’s historic flight to space:

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Accidental computer geek, fascinated by most history and the multiplanetary future on its way. Quite keen on the democratization of space. | It's pronounced day-sha, but I answer to almost any variation thereof.

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Elon Musk

Tesla Board Chair discusses what is being done to protect CEO Elon Musk

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2 hours ago

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September 12, 2025

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Credit: xAI

Tesla Board Chair Robyn Denholm met with Bloomberg this morning to discuss a variety of topics, but perhaps one of the most interesting was her comments on what is being done to protect company CEO Elon Musk.

After the assassination of right-wing political commentator Charlie Kirk this week, there have been concerns about Musk’s safety, as well as that of other high-profile business leaders and political figures.

Earlier this week, Musk said himself that his security detail would be increased significantly following Kirk’s death, a move that many investors and fans of the company had requested because of political violence.

Elon Musk assures Tesla investors he will enhance his security detail

“Definitely need to enhance security,” Musk said. Tesla spent $3.3 million on Musk’s security in 2024 and January and February 2025. For reference, Meta spent over $27 million on Mark Zuckerberg’s security last year, which is higher than any other tech CEO.

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During Denholm’s appearance on Bloomberg TV earlier today, she stated that the company has been focused on Musk’s security detail for “many years,” especially considering he is one of the richest people on Earth and holds an incredible amount of influence.

“It is something that we take very seriously; he takes it very seriously as well. So, again, from a board perspective, it is something we’ve discussed at length,” Denholm said.

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Denholm added that she believes “there is not anyone in a boardroom that is not touched by what has happened with Charlie Kirk.”

Although Musk’s political involvement has toned down significantly in the past, he still has enemies, especially based on groups that oppose him and the company specifically. Based on this week’s events, it feels that increased security is a necessary expense Tesla must account for.

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Investor's Corner

Tesla bear turns bullish for two reasons as stock continues boost

“I think from a trading perspective, it looks very interesting,” Nathan said, citing numerous signs of strength, such as holding its 200-day moving average and holding against its resistance level.

Published

6 hours ago

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September 12, 2025

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Credit: Tesla Manufacturing

A Tesla bear is changing his tune, turning bullish for two reasons as the company’s stock has continued to get a boost over the past month.

Dan Nathan, a notorious skeptic of Tesla shares, said he is changing his tune, at least in the short term, on the company’s stock because of “technicals and sentiment,” believing the company is on track for a strong Q3, but also an investment story that will slowly veer away from its automotive business.

“I think from a trading perspective, it looks very interesting,” Nathan said, citing numerous signs of strength, such as holding its 200-day moving average and holding against its resistance level.

He also said he believes a rally for the stock could continue as it heads into the end of the quarter, especially as the $7,500 electric vehicle tax credit is coming to an end at the end of the month.

With that being said, he believes the consensus for Q3 deliveries is “probably low,” as he believes Wall Street is likely underestimating what Tesla will bring to the table on October 1 or 2 when it reports numbers for the quarter.

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Tesla shares are already up over five percent today, with gains exceeding nine percent over the past five trading days, and more than fourteen percent in the past month.

While some analysts are looking at the performance of other Mag 7 stocks, movement on rates from the Federal Reserve, and other broader market factors as reasoning for Tesla’s strong performance, it appears some movement could be related to the company’s recent developments instead.

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Over the past week, Tesla has made some strides in its Robotaxi program, including a new license to test the platform in the State of Nevada, which we reported on.

Tesla lands regulatory green light for Robotaxi testing in new state

Additionally, the company is riding the tails of the end of the EV tax credit, as inventory, both new and used, is running extremely low, generally speaking. Many markets do not have any vehicles to purchase as of right now, making delivery by September 30 extremely difficult.

However, there has been some adjustments to the guidelines by the IRS, which can be read here:

Tesla set to win big after IRS adjusts EV tax credit rules

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Tesla is trading at around $389 at 10:56 a.m. on the East Coast.

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News

Tesla lands regulatory green light for Robotaxi testing in new state

This will be the third state in total where Tesla is operating Robotaxi, following Austin and California.

Published

1 day ago

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September 11, 2025

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Credit: Tesla

Tesla has landed a regulatory green light to test its Robotaxi platform in a new state, less than three months after the ride-hailing service launched in Texas.

Tesla first launched its driverless Robotaxi suite in Austin, Texas, back on June 22. Initially offering rides to a small group of people, Tesla kept things limited, but this was not to be the mentality for very long.

It continued to expand the rider population, the service area, and the vehicle fleet in Austin.

The company also launched rides in the Bay Area, but it does use a person in the driver’s seat to maintain safety. In Austin, the “Safety Monitor” is present in the passenger’s seat during local rides, and in the driver’s seat for routes that involve highway driving.

Tesla is currently testing the Robotaxi platform in other states. We reported that it was testing in Tempe, Arizona, as validation vehicles are traveling around the city in preparation for Robotaxi.

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Tesla looks to make a big splash with Robotaxi in a new market

Tesla is also hoping to launch in Florida and New York, as job postings have shown the company’s intention to operate there.

However, it appears it will launch in Nevada before those states, as the company submitted its application to obtain a Testing Registry certification on September 3. It was processed by the state’s Department of Motor Vehicles Office of Business Licensing on September 10.

It will then need to self-certify for operations, essentially meaning they will need to comply with various state requirements.

This will be the third state in total where Tesla is operating Robotaxi, following Austin and California.

CEO Elon Musk has stated that he believes Robotaxi will be available to at least half of the U.S. population by the end of the year. Geographically, Tesla will need to make incredible strides over the final four months of the year to achieve this.

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