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Fifty years after Neil Armstrong took a small step for man, billionaires are now trying to take a giant leap for humanity.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" We are at dawn of the day. A new economy is at the heart of the new era of space Bezos and Musk know that if the price of space costs 90% or 95%, we will create a space economy Charles Fishman, author of "One Giant Leap," told Yahoo Finance & nbsp;Moving, referring to the CEO of Amazon, Jeff Bezos, and the founder of SpaceX and Tesla, Elon Musk. if you get the price of a 90 or 95 percent reduction in space, you're going to create a space economy, "said Charles Fishman, author of" One Giant Leap, "in Yahoo's On the Move. Finance, referring to Amazon CEO Jeff Bezos and SpaceX and Tesla founder Elon Musk.
At the moment, getting to the space is expensive. The launch of SpaceX's Falcon 9 rocket costs $ 62 million. This did not prevent countries and government agencies from using the rocket.
NASA is continually using SpaceX to carry payloads to the International Space Station (ISS), and this week Canada used Falcon 9 to send three new satellites into orbit.
UNSPECIFIED – JULY 20: Astronaut Apollo 11 during the moon march by Neil Armstrong and Buzz Aldrin standing on the moon's surface after planting Amer. flag (no caps). (Photo of the LIFE / Getty Images collection)
People traveling in space do not have to pay less. The ISS has just announced its intention to open its doors to tourists. And as early as next year, private astronauts will be able to board SpaceX's Crew Dragon rocket capsule and spend up to 30 days on the ISS. But it will cost $ 52 million.
Virgin Origin and Blue Milliard from Bezos, as well as billionaire Virgin Galactic by Richard Branson, plan to make it a bit more affordable for tourists. They plan to charge $ 200,000 to $ 300,000 for a ride in space.
The push towards the last frontier, however, was not without recoil.
<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In 2014, NASA awarded contracts to both Boeing (BA) and SpaceX for the astronaut shuttle to the ISS. Since then, Boeing has delayed his Starliner capsule several times and his CX Dragon capsule was destroyed during a test conducted in April. "Data-reactid =" 33 "> In 2014, NASA awarded contracts to Boeing (BA) and SpaceX Since then, Boeing has delayed its Starliner capsule several times, and SpaceX's CX Dragon capsule was destroyed during an essay done in April.
Despite delays and substantial costs, Fishman said, "I think in 20 years we will come back to this moment as well as to the year 1995 in the digital age."
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Kenneth Underwood is a senior producer for Yahoo Finance. Follow him on Twitter @TheKennyU"data-reactid =" 35 ">Kenneth Underwood is a senior producer for Yahoo Finance. Follow him on Twitter @TheKennyU
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