Spaceship firm Virgin Galactic got the commercial license from the US Aviation Safety Regulator, FAA

The company owned by billionaire Richard Branson can now take people to space

Virgin Galactic has become the first company to get permission from the FAA to bring customers to space

A leap ahead of Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX

Competition in the new and expensive space tourism sector thus intensifies

Virgin Galactic targets early 2022 to begin commercial service

The company has sold some 600 tickets priced between $200,000 to $250,000

The firm completed its first manned space flight from its new homeport in New Mexico in May