Jim Cramer on Virgin Galactic's FAA approval to fly passengers to space

Virgin Galactic announced Friday that the Federal Aviation Administration granted the company the license it needs to fly passengers on future spaceflights, a key hurdle as the venture completes development testing. Virgin Galactic’s stock jumped as much as 22% in early trading following the announcement. CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss.