Space Tourism – Humans Would Travel To Space For a Relatively Small Price In The Future

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Fifty years ago, Neil Armstrong set foot on the Moon, saying the iconic words “That’s one small step for man, one giant leap for mankind.” Half a century later, some of the most wealthy people of the world are trying to take the next giant leap for humanity.

According to the declaration given by Charles Fishman, the author of “One Giant Leap,” during an interview with Yahoo Finance’s On the Move, humanity will soon witness the beginning of a new space age. Fishman also said that Jeff Bezos, Amazon CEO, and Elon Musk, Tesla founder, are fully aware that if we manage to reduce the cost of space travel down 90%, a space economy will begin to flourish.

Currently, space missions are costly. For example, the launch of the Falcon 9 rocket costs SpaceX around $62 million. SpaceX is used by NASA to deliver payloads to the International Space Station. During this past week, Canada made use of Falcon 9 to launch three new satellites into orbit.

Space tourism would be cheaper in the future

Getting humans to space is also costly. Starting with the next, private astronauts will have the opportunity to ride shotgun on SpaceX’s Crew Dragon capsule rocket on its way to the ISS since the space station recently announced plans to start receiving tourists. However, this will cost around $52 million.

Fortunately, Bezos’ other company, Blue Origin, teamed up with Richard Branson’s Virgin Galactic to cut down the price a bit. If their plans succeed, a ride to space will cost $200,000 to $300,000, which is a whole lot cheaper than the current price. However, in the fight towards the final frontier, NASA faced some challenges. In 2015 two contracts were made with Boeing and SpaceX to shuttle astronauts to the ISS. Unfortunately, Boeing repeatedly delayed its Starliner Capsule, and a test completely destroyed SpaceX’s Crew Dragon capsule back in April.

Despite the setbacks, Fishman still remains optimistic. He said: “I think 20 years from now we will look back on this moment the way we look back on 1995 in the digital age.”


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