The announced event indicates some companies to enter the era of business space travel. Blue Origin marketed a seat on its first spaceflight in July for $28 million.
Jeff Bezos revealed that the company has sold $100 million in tickets for coming flights. In 2018, Reuters declared that Bezos charged $200,000 to $300,000 per ticket for a spaceflight.
While Virgin Galactic informed that it was reopened ticket for flights at $450,000. The spaceflight corporation of Richard Branson also attempted space travel in July and ambitions to inaugurate economic flights next year.
Earlier, the company sold a single ticket at $250,000 for future flights but halted sales in 2014 due to a test flight crash.
Another private aerospace company named Axiom Space, which wants to establish the first commercial space station. The firm is thinking to set off citizens to the International Space Station in 2022 aboard the Crew Dragon from billionaire Elon Musk’s SpaceX. Tickets sold at $55 million each for space travel. NASA opened the ISS to private flights in 2019.
“That’s pretty expensive,” McCurdy stated. “It’s not there for everybody, but it is for several people who did not exist 40 to 50 years ago in that income category.”
The economics of private space companies
According to McCurdy, companies like Blue Origin and Virgin Galactic can make money solely by flying passengers. They will have to discover other revenue resources to be successful.
In the previous month, NASA granted $146 million to five companies including Blue Origin and SpaceX. This amount was to create lander design ideas for its Artemis Program and handle component tests.
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