Billionaire Richard Branson's spaceship company Virgin Galactic SPCE.N surged 34.8% after receiving approval from the U.S. aviation safety regulator to fly people to space. By Devik Jain and Medha Singh June 25 (Reuters) - The S&P 500 index hit a record high on Friday, boosted by gains in Nike and bank stocks, while weaker-than-expected inflation data eased worries about a sudden tapering in stimulus by the Federal Reserve. Nike Inc NKE.N surged 13.9% to an all-time high after the sneaker maker forecast fiscal full-year sales ahead of Wall Street estimates, helping the Dow rise 0.69%.