Space tourism company Virgin Galactic's successful test flight over the weekend has caused the stock to surge just over 20 percent during Monday's pre-market trading.

The test flight was the first successful one in two years. Now only two more milestones remain to receive FAA approval for regular space travel.

Virgin Galactic aims to begin commercial operations early next year, which is an advance from the previous target of mid-2020.

Source: finwire