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Virgin Galactic receives FAA clearance for customer space flights

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The Federal Aviation Administration gave the green light to Virgin Galactic Holdings Inc.'s plans to fly customers into space.

The news sent the company's shares to a near four-month high, MarketWatch reports.

Separately, Jeff Bezos’ Blue Origin space venture recently auctioned off a seat on a flight to space for a reported $28 million.

Read more from MarketWatch.

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