Factbox-Bezos, Branson and Musk: Who is winning the space tourism race?
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[July 09, 2021]
(Reuters) - Three billionaire
entrepreneurs - Jeff Bezos, Elon Musk, and Richard Branson - are each
vying to usher in a new era of private commercial space travel.
Here is how their rival ventures compare in the race to open up space
travel.
TICKETS
Bezos, Branson and Musk have been investing billions of dollars in their
space startups, each promising to ferry paying customers on rides to
space - and it will cost a pretty penny to be part of it.
Branson's Virgin Galactic is reported to have more than 600 ticket
reservations already, priced around $250,000. It expects to begin a full
commercial service in 2022 and eventually hopes to slash the ticket
price to around $40,000.
Reuters reported in 2018 that Bezos' Blue Origin was planning to charge
passengers at least $200,000 for the ride, based on an appraisal of
Branson's rival plans and other considerations, though its thinking may
have changed. Blue has not divulged its long-term pricing plans.
An as-yet unidentified person secured one of the seats on Blue's first
suborbital mission, slated for July 20, with a $28 million auction bid.
Musk's SpaceX has already taken a crew to the International Space
Station, and the company has plans to send an all-civilian crew into
orbit in September. Musk has also said SpaceX will fly Japanese
billionaire Yusaku Maezawa around the moon with its forthcoming Starship
rocket in 2023.
DESIGN
Virgin Galactic's reusable SpaceShipTwo system will see its VSS Unity
spaceplane lifted to altitude by a large carrier aircraft called VMS Eve
before separating.
Blue Origin's New Shepard rocket-and-capsule combo shoots into
suborbital space before separating. The rocket section returns to the
launchpad, with the pressurized capsule falls back to earth under
parachutes. It features six observation windows - the largest ever used
in space.
The SpaceX Dragon capsule sits atop a reusable Falcon rocket which it
uses to reach space.
CREW AND PASSENGERS
Virgin Galactic's spaceplane can hold six passengers: two crew and four
passengers.
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SpaceX's Elon Musk gives an update on the company's Mars rocket
Starship in Boca Chica, Texas U.S. September 28, 2019.
REUTERS/Callaghan O'Hare/File Photo
Blue Origin's craft can take six passengers and flies autonomously.
The SpaceX Dragon capsule is capable of carrying up to seven people.
ITINERARY
Virgin Galactic boasts a flight time of around 90 minutes from
take-off to landing, including several minutes of weightlessness.
Blue Origin's capsule suborbital flight is around 10 minutes after
separation. Again, those on board experience a few minutes of
weightlessness and see the curvature of the planet before returning
to Earth.
The SpaceX missions are expected to last three to four days from
launch to splashdown.
FUNDING
Typical of Branson's ventures, Virgin Galactic is publicly funded.
Its shares peaked at almost $60 following FAA approval in June 2021.
Blue Origin is privately owned, with Amazon.com Inc founder Jeff
Bezos previously indicating he would sell around $1 billion in
Amazon stock annually to fund the venture.
SpaceX is also privately owned and has raised billions of dollars in
successive funding rounds. Key investors include Alphabet and
Fidelity. Musk says fees charged for SpaceX's charter flights will
go toward missions to the moon and eventually Mars.
(Reporting by John Hyland and Eric M. Johnson; Editing by Karishma
Singh)
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