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Friday, Apr 10, 2026

OC500 2025: MICHAEL COLGLAZIER 

MICHAEL COLGLAZIER 

CEO 

VIRGIN GALACTIC HOLDINGS INC. 

 

WHY: Leading Tustin-based space company that is preparing to launch new Delta class spaceships in 2026. Virgin Galactic (NYSE: SPCE) says it’s targeting 125 flights a year; market cap of $238M as of October. 

IN THE NEWS: On track to resume private astronaut flights in fall 2026, after a break of more than two years to get new spaceships operational. Said ticket prices for Delta flights are expected to exceed current $600K per seat; reservations expected to open again in the first quarter of 2026. Also exploring the building of a second spaceport in southern Italy. 

NOTABLE: Longtime Orange County business and tourism executive who headed operations of Disneyland, OC’s largest employer, from 2013 to 2018. 

QUOTABLE: Colglazier said in March conference that 675 customers were already on the manifest to fly with the new Delta spacecraft. 

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