Why space tourism is about to explode

Commercial space companies like Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX are doubling their flights this year. And shows no signs of slowing down.

Jeff Bezos’ Blue Origin spaceflight company plans to double its commercial flights this year, with market rivals expected to follow, in anticipation of a space tourism boom for the elite. Private space exploration companies have been launching spacecraft for years and have even beaten government projects during this time. These private companies have been so successful that the International Space Station, which has been operational for more than two decades, is expected to be shut down before the end of this decade. Instead, NASA expects these private companies to offer more efficient options. This could be due to the revenue these companies can generate through space tourism missions.

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Originally a concept reserved for cinema screens, space tourism for civilians is accessible to the wealthy. Blue Origin’s first spaceflight was a success and the winning bid sold for a whopping $28 million. The price rose from $4.8 million to $28 million in just over six minutes, demonstrating the demand for space tourism experiences and the willingness of the wealthy and wealthy to shell out the high prices they need. Virgin Galactic is mass space tourism or at least more affordable than its competitors. The company was selling space tickets for “just” $450,000 per seat and had a long waiting list of people willing to accept the offer.


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A report of Space News confirmed that Blue Origin plans to expand its commercial space missions, citing significant demand. “The market is robust, it is very robust“said Blue Origin CEO Bob Smith at the FAA’s 24th Annual Commercial Space Transportation Conference.”The challenge for Blue at this point is that we are actually limited by supplyWhile many people are willing to pay for flights to space, tourism companies are limited in the number of spacecraft that can be built. are needed to get these flights off the ground.


Blue Origin develops new vehicles for space tourism


To successfully increase the number of space missions per year, the company is looking to develop reusable launch systems. However, Blue Origin is aware that while reusable launch systems would mark the heart of the space tourism boom – it would increase the number of missions and reduce operating costs – it must be done safely. “This is the one we need to think about because this is where spaceflight got into trouble“Smith said.”We spent a lot of time thinking about how to methodically test a reusable launch system.“With a new spacecraft in the works and reusable launch technologies looming, the number of space tourism missions could double.


Other companies are expected to follow suit as these missions are incredibly profitable for space exploration companies. While scientific exploration missions can cost hundreds of millions, like space stations, space tourism missions require fewer resources. Additionally, wealthy tourists have expressed the desire and the means to pay multi-million dollar sums to experience space travel. For these reasons, the big three in space travel – Blue Origin, SpaceX and Virgin Galactic – will inaugurate the space tourism boom in the years to come.

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Source: Space News

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