FAA Grants License to Virgin Galactic

The Federal Aviation Administration has granted a license to Virgin Galactic for launching customers into space.The approval follows successful crewed test launches of the VSS Unity spacecraft from the VMS Eve carrier aircraft.Before launching of customers can actually begin,however,the company must successfully complete three more development spacefilghts.The next one,on 11 July 2021,is to launch the Virgin Galactic founder,Sir Richard Branson,into space,beating rival billionaire Jeff Bezos,who himself yearns to become an astronaut on his own spacecraft,Blue Origin.* Shares of Virgin Galactic have been climbing since the licensure was announced.* Virgin Galactic Holdings Inc (SPCE)