Virgin Galactic Holdings, Inc. is a British-American spaceflight company founded by Richard Branson and the Virgin Group conglomerate, which retains an 11.9% stake through Virgin Investments Limited. Headquartered in California with launches in New Mexico, the company develops commercial spacecraft and provides suborbital spaceflights to space tourists. Virgin Galactic's suborbital spacecraft are air-launched from beneath a carrier airplane, White Knight Two. As of 2026, twelve Virgin Galactic flights have exceeded 50 miles altitude, entering outer space by US standards, all with VSS Unity spaceship since 2018. The company also spun off its under-development LauncherOne rocket, an air-launched satellite launch vehicle, to Virgin Orbit in 2017. Virgin Orbit was subsequently shut down in 2023. On 13 December 2018, VSS Unity made the project's first suborbital space flight, VSS Unity VP-03. Its two pilots reached an altitude of 82.7 kilometres. In February 2019, the project carried three people, including a passenger, on VSS Unity VF-01; the spacecraft reached 89.9 kilometres and one member of the team floated within the cabin.