The Commercial Space Industry
1. The idea of space tourism really began in the 1960’s. “During the 1960s, space tourism was viewed of as an industry that would one day balloon. Defunct U.S. airliner Pan-Am maintained a waiting list for eventual trips to the moon, while futurists forecasted that lunar colonies would be established by the year 2000” (Blum, 2015). Space tourism has developed slowly. There have only been 551 people who’ve been into space, with only seven of them private citizens. The first major accomplishment was in 1984, when a non-government employee ventured into space as a payload specialist for McDonnell Douglas. The next major accomplishment regarding space tourism was in 1998, when Space Adventures was founded. Space Adventures has been the only company to ever send private citizens into space at a cost of between $20 million and $40 million for a 10-day adventure and trip to the international space station. The first major hurdle came in 1986, when the C...