Tag Archives: Branson

5 or 10 thoughts on the billionaire space race

Image of Jeff Bezos blasting into space

Jeff Bezos blasted into space today with three other people. Everyone, and I mean everyone, has an opinion about it. Even Variety magazine did. (That’s worth a read BTW).  So fwiw, here’s 1o things I thought about it:

  1. It’s good to see more interest in space in general. NASA and other space agencies do plenty in terms of space exploration, but often it is overlooked by people. Suddenly — for better or worse — people are talking about space again.
  2. It’s good to see money being spent on space travel. NASA has suffered for years with cutbacks. Decades. Here’s to more money being effectively used in space.
  3. These flights of Branson and Bezos are small steps in terms of space travel.  They are miles behind SpaceX even, never mind NASA or other space agencies. As we like to say in business: it’s a good start (implying there is a long way to go).
  4. Small steps can lead to big steps if they continue to pursue this and pour money into it. That’s a big if. Like any space exploration, it is hard to continue to make people interested in it after it starts to seem repetitive. They might find it much harder to get space tourists to pay a small fortune their 10th or 15th flight. Never mind after the first person dies (and someone will).
  5. Even if everything goes well, it could still fail  in the longer run. The Concorde failed and it was much simpler technology than this stuff. Not everything that is the best and fastest gets to succeed.
  6. I can’t see the ROI on space travel. Musk and SpaceX can get away with it because they have a client with the money to spend on it (i.e. NASA). Not sure if Bezos can wrestle some of that business away. Then again, perhaps there’s a global market for these services.
  7. I think there would have been a much more positive reaction if it wasn’t Bezos or Branson leading these endeavours. Give Musk credit: he lets the real astronauts do the work. Plus none of these men are inspiring to most people. They aren’t John Glenn or Neil Armstrong: they are billionaires. Bezos was at least smart enough to Wally Funk with him: that was a good distraction from the other members on his team.
  8. It will remain to be seen if they can catch up to Musk, or if they are even interested. Musk can act the fool, but he seems driven to push private space exploration to the limits. I can see Branson dropping out soon once some other thing comes along. Bezos is a bit of a mystery to me.
  9. People are criticizing them for spending money on space rather than here on earth, but Bill Gates spends his fortune on such things and he is criticized mightly for it. It’s a no win in terms of spending your money. They all should pay more taxes. (Although a lot of tax money in the US goes into the military budget. That’s a different but related issue.)
  10. Here’s to more inspiring people going to space soon, and to more inspiring space travel. Let’s hope this leads to that.

(Image: link from the Variety article)