It would be fair to say it's space...it would be fair to say it's not quite space, but a four minute free-fall which creates weightlessness (similar to what happened in the "Vomit Comet" when Ron Howard directed scenes for "Apollo 13"). Regardless, it's a thing and RIchard Branson beat Jeff Bezos to it. I am thrilled, of the two I like Branson infinitely more.
Having followed the development of Virgin Galactic since its inception I am keenly aware of how it came to be and the engineering uniqueness which surrounds the Virgin Galactic model (see Burt Rutan). The audio and video was a little choppy live, but they were rolling tape and have a short version of the flight.
This is pretty snappy stuff.