Headlines > News > Founders of Virgin, Amazon, PayPal working to offer brief space flights for wealthy tourists.

Founders of Virgin, Amazon, PayPal working to offer brief space flights for wealthy tourists.

Published by Sigurd De Keyser on Fri Jul 15, 2005 5:50 am
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NEW YORK (CNN/Money) – Forget the Russians and the Americans. The new space race is between the guys from Virgin Atlantic, Amazon.com, and PayPal.

The two-and-a-half years since the last manned NASA flight have seen great efforts by entrepreneurs who want to start providing flights for wealthy space tourists. (Click here for CNN.com’s coverage of the postponement Wednesday of NASA’s resumption of space shuttle flights.)

Virgin Atlantic won’t be flying into space, but a sister company, Virgin Galactic appears to have an early lead, and hopes to offer sub-orbital flights as soon as 2008.

The company has a licensing agreement with aircraft designer Burt Rutan and Microsoft co-founder Paul Allen, who backed Rutan’s effort to build the first privately-financed rocket to carry a man into space, SpaceShipOne. That ship made two sub-orbital trips last fall to win the $10 million X-Prize.

Click here to read more at CNN/Money.

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