Although Virgin Galactic has promised to eventually lower prices on its suborbital space tourism flights aboard SpaceShipTwo, it looks like prices are actually going up 25 percent in the near term.
In an interview broadcast Monday night on KABC-TV 7 News Los Angeles, Branson said a seat on the suborbital space plane would now cost $250,000 — an increase of $50,000 from the price the company has been advertising for eight years.
Now, does that seem a bit counter-intuitive, wouldn’t it? Absolutely. But, this is actually a clever marketing move. How so? Now, you really didn’t think I’d tell you before the break, did you?