Branson's Virgin Galactic to sell space flight tickets starting at $450,000

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Shares of the company rose 5% in extended trading on Thursday.

In June, Virgin Galactic received approval from the U.S. aviation safety regulator to fly people to space.

The company said it will have three consumer offerings – a single seat, a multi-seat package and a full-flight buy out.

Sales will initially open to the company’s significant list of “early hand-raisers”, it said.