Richard Branson, the billionaire behind the massive Virgin Group, attended the dedication for the world's first commercial spaceport for Virgin Galactic in a desert region of New Mexico today. Around 450 people have already purchased the $200,000 tickets (down payments start at $20,000 for anyone interested), about $90 million for those tickets alone once the bills are fully paid.
Branson expressed hopes that enough powered test flights can be completed by the end of 2012 to ensure that those eagerly awaiting their vacation to space can finally board the spacecraft after years of agonizing waiting. Hopefully the price of space tourism comes down a little after a few... decades, centuries? Hopefully the concept of competition in the free market applies to the space tourism industry.
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