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Private Space Travel Takes Off
The $10 million X-Prize has been won.
To win the X-Prize, a privately funded team had to fly a craft at least 100 kilometers high carrying a payload equivalent to three humans, successfully land and then repeat the feat within two weeks.With this accomplishment, the SpaceShipOne team may have cracked more than space, as it appears that, just as planned, the X-Prize competition has cracked open the door to space tourism.
Sir Richard Branson recently announced plans to use the SpaceShipOne design for a space tourism company to be called Virgin Galactic.
Rutan, Allen and Branson attended the X-Prize's victory flight.
Posted by Alex Tabarrok on October 5, 2004 at 07:17 AM in Science | Permalink
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» Richard Branson - Profit Maximizer from voluntaryXchange
I predicted that space tourism would soon be available and priced under $500,000 per trip. You can read the original June post entitled "Governments Don't Price Well". Now, Richard Branson has announced the formation of a new company called Virgin [Read More]
Tracked on Oct 5, 2004 12:45:43 PM
