Billionaire Branson soars to space aboard Virgin Galactic flight

Branson, one of six Virgin Galactic Holding Inc employees strapped in for the ride, has touted the mission as a precursor to a new era of space tourism, with the company he founded in 2004 poised to begin commercial operations next year.

"We’re here to make space more accessible to all," an exuberant Branson, 70, said shortly after embracing his grandchildren following the flight. "Welcome to the dawn of a new space age."

The success of the flight also gave the flamboyant entrepreneur bragging rights in a highly publicized rivalry with fellow billionaire Jeff Bezos, the Amazon online retail mogul who had hoped to fly into space first aboard his own space company's rocket. "Congratulations on the flight," Bezos said on Instagram. "Can’t wait to join the club!"

Space industry executives, future customers and other well-wishers were on hand for a festive gathering to witness the launch, which was livestreamed in a presentation hosted by late-night television comedian Stephen Colbert. Among those present was fellow billionaire and space industry pioneer Elon Musk, who also is founder of electric carmaker Tesla Inc .

Grammy-nominated R&B singer Khalid took the stage after the flight to perform his forthcoming single "New Normal."

The gleaming white spaceplane was carried aloft on Sunday attached to the underside of the dual-fuselage jet VMS Eve (named for Branson's late mother) in a takeoff from Spaceport America, a state-owned facility near the aptly named town of Truth or Consequences. Virgin Galactic leases a large section of the facility.

Reaching its high-altitude launch point at about 46,000 feet, the VSS Unity passenger rocket plane was released from the mothership and fell away as the crew ignited its rocket, sending it streaking straight upward at supersonic speed to the blackness of space some 53 miles (86 km) high.

The spaceplane's contrail was clearly visible from the ground as it soared through the upper atmosphere, to the cheers of the crowd below.

At the apex of the climb with the rocket shut down, the crew then experienced a few minutes of microgravity, before the spaceplane shifted into re-entry mode, and began a gliding descent to a runway back at the spaceport. The entire flight, from takeoff to landing, lasted about an hour.

"I was once a child with a dream looking up to the stars. Now I'm an adult in a spaceship looking down to our beautiful Earth," he said in a video from space.

Back at a celebration with supporters from a stage outside Virgin Galactic's Gateway to Space complex at the spaceport, he and crewmates doused one another with champagne.

Retired Canadian astronaut Chris Hadfield pinned Virgin-produced astronaut wings onto the blue flight suits worn by Branson and his team. Official wing pins from the Federal Aviation Administration will be presented later, a company spokesman said.

HIGH-COST TICKETS

Virgin has said it plans at least two further test flights of the spaceplane in the months ahead before beginning regular commercial operation in 2022.

Several hundred wealthy would-be citizen astronauts have already booked reservations, priced at around $250,000 per ticket for the chance to experience weightlessness and the force of supersonic flight and to witness spectacular views of Earth from space.

The Swiss-based investment bank UBS has estimated the potential value of the space tourism market reaching $3 billion annually by 2030.

Proving rocket travel safe for the public is key.

An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another.

Branson's participation in Sunday's flight, announced just over a week ago, typified his persona as the daredevil executive whose Virgin brands - from airlines to music companies - have long been associated with ocean-crossing exploits in sailboats and hot-air balloons.

SPACE RACE

His ride-along also upstaged rival astro-tourism venture Blue Origin and its founder, Bezos, in what has been popularized as the "billionaire space race."

Bezos has been planning to fly aboard his own suborbital rocketship, the New Shepard, later this month.

Branson has insisted he and Bezos are friendly rivals and not engaged in a personal contest to beat one another into space.

Blue Origin, however, has disparaged Virgin Galactic as falling short of a true spaceflight experience, saying that unlike Unity, Bezos's New Shepard tops the 62-mile-high-mark (100 km), called the Kármán line, set by an international aeronautics body as defining the boundary between Earth's atmosphere and space.

"New Shepard was designed to fly above the Kármán line so none of our astronauts have an asterisk next to their name," Blue Origin said in a series of Twitter posts on Friday.

However, U.S. space agency NASA and the U.S. Air Force both define an astronaut as anyone who has flown higher than 50 miles (80 km).

A third player in the space race, Musk's SpaceX, plans to send its first all-civilian crew (without Musk) into orbit in September, after having already launched numerous cargo payloads and astronauts to the International Space Station for NASA.