Space tourism is a fast growing business for billionaires in future
Space tourism
simply, space tourism refers to the activity of travelling into space for recreational purposes. It is sometimes referred to as citizen space exploration, personal spaceflight, or commercial human spaceflight, and it covers spaceflights which are sub-orbital, orbital, and even beyond Earth orbit.
How much you have to pay
Depending on where you’re going, a ticket could set you back anywhere from $250,000 to tens of millions of dollars. If you’re looking simply to cross the 62-mile-high Karman line that marks the boundary between the upper atmosphere and outer space, Virgin Galactic says it will take you there for $250,000.
First tourist of space
Dennis Anthony
TitoDennis Anthony Tito (born August 8, 1940) is an American engineer and entrepreneur, most widely known as the first space tourist to fund his own trip into space. In mid-2001, he spent nearly eight days in orbit as a crew member of ISS EP-1, a visiting mission to the International Space Station.
Can a normal person apply
Space tourism is a program for human to travel in space for recreational purpose.
You can apply but you must have be billionaire for this purpose
A big investment in space tourism
Richard Branson has gained a powerful and extremely wealthy ally that can make his space tourism dreams a reality: Saudi Arabia. The kingdom will invest $1 billion in the Virgin Group’s space companies and might even add $480 million more in the future. This investment will fund three companies within the Virgin Group, starting with Virgin Galactic, which is responsible for developing the VSS Unity (also known as SpaceShipTwo) designed to fly paying tourists to suborbital space. Part of the money will also go to The Spaceship Company and Virgin Orbit. The former manufactures Virgin Galactic’s spacecraft, while the latter provides launch services for small satellites.null
In a letter he published regarding the investment, Branson said the contribution will enable Virgin “to develop the next generation of human spaceflight, more economic satellite launches and accelerate [its] program for trans-continental point-to-point space travel.” The investment still has to go through US regulatory clearances, but he takes it as “a sign of confidence from the international investment community” that its vision is the right path to commercializing access to space. More importantly, Sir Branson has revealed that Virgin Galactic is merely months away from sending people into space.
Although Saudi Arabia’s contribution will come from the country’s Public Investment Funds, Virgin will remain based in the US. The partnership could lead to the development of a space-centric center in Saudi Arabia, though — Virgin even commissioned an artist to draw a render of the futuristic facility, which you can see in the image above.
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