It won’t be far when the moon will just be another tourist destination (and perhaps property rights will also be applied).
Commercial Space travel will soon be accessible to the public.
From the Wall Street Journal,
Fast forward to this October, when Mr. Branson and his children Sam and Holly christened Spaceport America, which advertises itself as "the world's first purpose built commercial spaceport" and is located about 55 miles north of Las Cruces, New Mexico. In typical outsize Branson fashion, the 61-year-old rappelled from the ceiling of the hangar—now called the "Virgin Galactic Gateway to Space"—and, while dangling in midair, chugged from a bottle of champagne in front of a large crowd to celebrate.
Mr. Branson is still radiating enthusiasm. "We've got just short of 500 people now signed up to go, which is actually more people than have been up to space in the history of space travel, and we hope to put those up in our first year of operation," he says, predicting the first commercial flight by "about next Christmas," although he acknowledges that there have been many delays.
He hopes "to get the price down so that hundreds of thousands of people out there will have the chance to become astronauts; not just, you know, a very, very few wealthy people." Tickets today cost $200,000, with deposits starting at $20,000. The Virgin Galactic website enjoins interested parties to "contact one of our Accredited Space Agents around the world."
What's so important about an expensive, suborbital joy ride, I ask? "If it was just about the joy ride, that would be exciting enough in itself," Mr. Branson says, leaning forward in his chair. "But the fascinating thing about adventures like that" is that when people "push the limits" and see "what they're capable of, other byproducts come that they hadn't even thought of at the time." He proceeds to tick off an impressive list.
And the prospective space travel industry has shown signs of being driven by competition which will likely drive prices down…
From the same article
Mr. Branson isn't the only businessman exploring private spaceflight. California's XCOR Aerospace, for instance, is building the Lynx rocket plane, which will also carry passengers and payloads. Test flights are scheduled for late 2012. Unlike SpaceShip Two, the Lynx takes off from a runway and doesn't depend on a carrier ship, so it has lower operating costs. Tickets start at $95,000 and the company may even beat Mr. Branson into suborbital space, if Virgin Galactic continues to have delays.
Yet exotic travel in the future might also include deep sea travel…
Space isn't the only frontier Mr. Branson is exploring. Virgin Oceanic plans to launch a one-person submarine in 2012 to "journey to the deepest part of each of Earth's five oceans." And "we hope to be going 10,000 foot further down than Everest is high. So it's going to be quite an eerie, six- to seven-hour trip heading down. But scientists are frothing at the mouth with the possibilities of what we could discover," Mr. Branson says. "In the history of mankind," only two people have ever been below 18,000 feet and the ocean is "twice as deep" as that.
The beauty of capitalism isn’t just because of these wondrous technological innovations, but for these products and services to be made available for a broader spectrum of people.
As Joseph Schumpeter once wrote,
Queen Elizabeth owned silk stockings. The capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within the reach of factory girls in return for steadily decreasing amounts of effort.
Once space travel goes online, prices one day will get low enough to cater to people like me or the middle class.
Capitalism has made living in this world exciting.
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