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Article: Race to space. (contest to send travelers into space)
- Article from:
- Entrepreneur
- Article date:
- November 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 Entrepreneur Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ten, nine, eight ... Who will win the $10 million contest of a lifetime?
Space. The final frontier for ... entrepreneurs? As the millennium approaches, it seems fitting that space travel is expected to be touted as one of the biggest entrepreneurial opportunities to hit planet Earth in the coming century.
Historically, the business of space travel has been limited to academic and government organizations, with NASA flights costing roughly $500 million and only a handful of astronauts making the trips. Now, nearly 30 years after man first landed on the moon, a move to privatize the industry is underway in hopes of spurring competition, driving down costs, and ...