Virgin Galactic shared a photo of its next-generation spaceship, built by Spike Aerospace, on Thursday as the company halts VSS Unity flights to focus on it. Founded by Sir Richard Branson, the space tourism firm reached suborbital flight in December 2018 and began passenger flights in May 2021, completing six trips in 2023. $1.5M per seat remains the steep cost of its flights, with the industry struggling to turn a profit despite early demand from billionaires like Branson and Jeff Bezos.