Virgin Galactic

FTI Consulting is handling Richard Branson's Virgin Galactic, space tourism entity, as it plans to go public as the world's first commercial "spaceline" company.

VG, which has received more than $1B in funding since its 2004 inception, says it has passenger reservations from more than 600 people from 60 countries, eager to blast off into space from Spaceport America, New Mexico.

Branson said VG is at the point of development where "we can open space to more investors and in doing so, open space to thousands of new astronauts."

The go-public scenario has VG merging with Social Capital Hedosophia Holdings, a special-purpose acquisition company.

SCHH will invest $800M in VG for a 49 percent stake when the transaction closes by the end of the year.

FTI has Adam Davidson and Antonia Gray field inquiries about VG.

Gasthalter & Co.'s Jonathan Gasthalter, Carissa Felger and Nathaniel Garnick rep SCHH.