The first tourists will go into space with Virgin Galactic in June

Virgin Galactic Holdings (NYSE:SPCE) plans to launch its first commercial flight in late June 2023, according to Reuters.

The company's shares have already jumped 4% after the company said the May mission will be the last test of the spaceflight system. The company, backed by billionaire Richard Branson, delayed its commercial service until the first quarter of 2023 last May due to a supply chain crisis and a lack of workforce.

After completing a lengthy upgrade to its central tourist spacecraft in February, Virgin Galactic has reopened spaceflight ticket sales. The ticket price is $450,000.