How much is a seat on Virgin Galactic? $450,000. Here's what each trip includes.

Virgin Galactic will soon sell tickets for space trips to the public. The catch? They cost $450,000.

On Tuesday, the aerospace company announced plans to sell tickets to the general public to snag a seat for a future spaceflight.

Reservations open up Feb. 16 and will cost $450,000. Potential travelers must pay a $150,000 deposit to hold the spot, then pay the rest before their flight. Tickets will be available to 1,000 customers for trips later this year.

The flights will take off from Spaceport America in New Mexico. Virgin Galactic said  trips will last about 90 minutes.

"The spaceship gracefully flips while astronauts enjoy several minutes of out-of-seat weightlessness and breath-taking views of Earth from the spaceship’s 17 windows," reads a statement from the company.

BUDGET SMARTPHONES:You can get a good phone without the iPhone price tag

NOT A TYPO:Worldle is like Wordle but with geography puzzles.

Virgin Galactic is among several companies including SpaceX and Blue Origin – run by tech entrepreneurs Elon Musk and Jeff Bezos respectively – pressing forward with plans to eventually support commercial space travel.

On July 11, Virgin Galactic founder Richard Branson was among six crewmembers who traveled aboard the company's space plane, the VSS Unity. Two months later, the Federal Aviation Administration said it was investigating the flight.

Blue Origin launched a manned flight on July 20 with Bezos among the members of the crew. In September, SpaceX launched its first flight with an all-civilian crew.

Follow Brett Molina on Twitter: @brettmolina23.