Virgin to enter space?

It seems that balloons don’t go high enough for Richard Branson. He’s apparently signed a deal with Scaled Composites - a forerunner to the X-Prize, the race into making viable people carriers reach the boundaries of space and return safely. The new Virgin venture aims to send the first space tourists into space, using the Scaled Composites technology. This has already been named Virgin Galactic. What can I say? Book early or face dispointment. :)

Link: Virgin to enter space?