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Billionaire space race
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The billionaire space race[2][3][4][5] is the rivalry among entrepreneurs who have entered the space industry from other industries – particularly computing.[6][7] This private spaceflight race involves sending privately developed rockets and vehicles to various destinations in space, often in response to government programs or to develop the space tourism sector.[8]
Since 2018, the billionaire space race has primarily been between three billionaires and their respective firms:
- Elon Musk's SpaceX, which seeks to colonize Mars as well as provide satellite-based internet through its Starlink project.[5][1]
- Jeff Bezos's Blue Origin, which is seeking to establish an industrial base in space.[5][3][1]
- Richard Branson's Virgin Group (through Virgin Galactic and the now cancelled Virgin Orbit), which seeks to dominate space tourism, low-cost small orbital launch vehicles, and intercontinental sub-orbital spaceflight.[5][3][1]
Prior to his death in 2018, Paul Allen was also a major player in the billionaire space race through the aerospace division of his firm Vulcan and his financing of programs such as Scaled Composites Tier One. Allen sought to reduce the cost of launching payloads into orbit.[4][9][5]
- ^ a b c d Polina Marinova (15 November 2016). "What Billionaire Richard Branson Thinks of Jeff Bezos and Elon Musk". Fortune. Time. Archived from the original on 26 February 2019. Retrieved 17 November 2016.
- ^ Bernstein, Joshua D. (May 2024). "The billionaire space race: Internet memes and the netizen response to space tourism". Annals of Tourism Research Empirical Insights. 5 (1): 100122. doi:10.1016/j.annale.2024.100122.
- ^ a b c Cite error: The named reference
DailyBeast-2016-06-19was invoked but never defined (see the help page). - ^ a b Lafranco, Robert (13 April 2015). "Allen and Branson Best Musk as the Billionaire Space Race Takes Off". Bloomberg. Archived from the original on 2019-04-28. Retrieved 2017-08-24.
- ^ a b c d e Luzier, Charles W. (17 September 2016). "The great billionaire space race". The Week. Reuters. Archived from the original on 28 April 2019. Retrieved 24 September 2016.
- ^ Lynn, Matthew (May 2016). "Watch this space: why billionaires are launching extraterrestrial adventures". The Spectator. Archived from the original on 2018-06-14.
- ^ Davenport, Christian (19 August 2016). "The inside story of how billionaires are racing to take you to outer space". Washington Post. Archived from the original on 19 November 2016. Retrieved 24 September 2016.
- ^ Cite error: The named reference
Guthriewas invoked but never defined (see the help page). - ^ Romano, Benjamin; Long, Katherine Anne; Kiley, Brendan (26 November 2019). "What's happening to Paul Allen's billions? A year after his death, it's complicated". The Seattle Times. Archived from the original on 4 June 2023. Retrieved 18 September 2021.
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