Virgin Galactic Is Booking Space Trips at $750,000 Apiece (2)

Virgin Galactic Holdings Inc. shares jumped after it resumed sales of its commercial space flights on a limited basis, signaling the Richard Branson-founded company is moving toward restarting tourism operations after a two-year hiatus.

The California-based company said it released a number of tickets for spaceflight expeditions, each priced at $750,000, or about $100,000 higher than it previously charged.

Virgin Galactic stock rose as much as 20% in Tuesday trading in New York. The stock is down about 30% for the year through Monday’s close, as the space tourism industry faces limited demand and technology hurdles. Virgin Galactic paused ...