Virgin will reach space in 'weeks, not months', says founder Branson

Virgin will reach space in 'weeks, not months', says founder Branson

Almost 50 years after dropping out of high school at age 15 and founding his first business, Sir Richard Branson is now the billionaire chair of the Virgin Group, which brings in more than $21 billion annually in global revenue.

Branson, the founder and CEO of Virgin Galactic, has been investing in this venture since 2004, but if the comments he made yesterday at the Barclays Asia Forum in Singapore are to be believed, the company is finally on the cusp of entering space.

Virgin Galactic and Amazon CEO Jeff Bezos have been in a closely contested battle to get the first fare-paying passengers into space.

Branson added that Musk "needs to learn the art of delegation" and should work to "find a fantastic team of people around him".

Virgin Galactic has been promising space tourism for the better part of a decade.

He reached an agreement with USA regulators last month to step down as Tesla chair and pay a $20 million (£15 million) fine for what the Securities and Exchange Commission called "false and misleading" claims.

War on coal is heating up, but China is still the key
For instance, by 2100, the global sea level rise would be 10cm lower with global warming of 1.5ºC compared with 2ºC. It warns that the world is rapidly running out of time before catastrophic effects on the planet take place.

It was the first since a fatal crash in 2014, which delayed the firm's plans.

Billionaire Richard Branson says his space company, Virgin Galactic, might be out among the stars in a matter of weeks.

After that, it will be closer to its goal of offering commercial spaceflight to the 600 patrons who have paid $250,000 for a ride. Right now the price of a Virgin Galactic ticket is nearly $250,000-and it won't be dropping anytime soon. The entire flight should take around 2.5 hours, though only a few minutes will actually be spent in suborbital space. It performed powered test flights in April and May.

The ultimate aim for Virgin and Sir Richard is to offer affordable, commercial travel away from Earth.

As far as Branson's personal trip to space is concerned, the 68-year-old billionaire business magnate is reportedly undergoing astronaut training - with centrifuge simulated microgravity and fitness training, according to an interview with BBC Radio 4's You and Yours program.

Eventually, the company wants to fly space tourists to an altitude of 360,890 feet (110,000 metres) going beyond the 328,000 feet (100,000 metres) defined boundary of space.

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