Raw video: Privately financed spaceship makes 1st powered flight

Raw video: Privately financed spaceship makes 1st powered flight

Video courtesy of Virgin Galactic.

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MOJAVE, Calif. (AP) — A spaceship bankrolled by British tycoon Sir Richard Branson made its first powered flight Monday in a test that moves Virgin Galactic toward its goal of flying into space later this year.

While SpaceShipTwo did not break out of the atmosphere during the test flight, it marked a significant milestone for Virgin Galactic, which intends to take passengers on suborbital joyrides.

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