BILLIONAIRE Richard Branson has opened the world's first commercial spaceport which could cut transAtlantic travel down to 60 minutes.
The site has been called Spaceport America, is in New Mexico, and will serve as the new home for his company, Virgin Galactic.
It will house the billionaire's fleet of rocket craft of two WhiteKnightTwos and five SpaceShip II.
More than 150 who have already booked on to the first flights attended the event together with real-life moon landing astronaut Buzz Aldrin.
Last month Mr Branson said he hoped to launch a vessel into space within the next 12 months, which he said would kick off an era of commercial space travel.
He said: “The mother ship is finished... The rocket tests are going extremely well, and so I think that we're now on track for a launch within 12 months of today.
“About an hour between Los Angeles and London is not completely out of the question.”
Virgin has sold around 430 tickets for space travel at £127,000 ($200,000) each.
White Knight and SpaceShip II