[Vote for how much you know about space exploration industry-Travel To The Moon]
Elon Musk is putting more practice into his romantic dream of space exploration.
Elon Musk Personal Journey on space exploration
The latest competition of the moon traveling industry
On December 5th, according to media reports, Tesla Motors and SpaceX CEO Elon Musk fulfilled their promise of "no real estate". He has just sold his Silicon Valley mansion for $30 million to join the ranks of the "homeless".
Regarding Musk Crazia Behaviour,I would like to bring you to recall back Elon Musk‘s personal Journey on Space Exploration.
At Elon Musk’s 12-year-old,when the age children like to play video games, same as to Elon Musk,but he worked out how to write games while having fun, and completed a computer game "Blastar", earning his first pot of gold!
It is no exaggeration to say that this "outer-space war" theme game may be the starting point of Elon Musk's life pursuit of exploring space.
At the age of 24, Elon Musk and his brother Kimbal Musk collaborated to complete a computer software called "Zip2", which mainly provides online city navigation and guide information for news media. Zip2’s initial funding came from $28,000 funded by his father, but in 1999, Compaq Computer acquired Zip2 with $307 million in cash + $34 million in stock options.
Since then, Elon Musk decided he wanted to enter the Internet, renewable energy, and space technology areas in the future. He believes that these three fields are all factors that deeply influence the future development of mankind!
Quite Forward-thinking and full of ambition right ?!
In October 2002,he sold PayPal (the predecessor of X.com) to eBay(the world's largest online mall)for US$1.5 billion. With this fund, Elon Musk started his great ideal of rewriting human history!
In 2002, he established his third company, SpaceX Space Exploration Technology Company,where concurrently serve as CEO and CTO.
His concept is very simple. Under the conditions of ensuring safety and cost-saving, explore all things in outer space, starting from the moon and Mars!
The "Falcon 9" carrier rocket produced by Space X space technology is a very important invention in the history of human aerospace: it is the first liquid fuel that can be used repeatedly with a first-stage thruster in history.
As of 2019, Space X and NASAhave conducted 16 international space station (ISS) resupply missions.
On May 31, 2020, SpaceX completed another important space shuttle mission:two NASA astronauts took the "Dragon Spaceship 2" spacecraft to the International Space Station and successfully recovered the "Falcon 9" carrier rocket. This is the first time in human space history that a commercial space shuttle has been used to carry astronauts, opening the era of commercialization of space technology!
Although Elon Musk has written a page in human space history, it is far from his dream!
Elon Musk is one of the countless humans who "believe in the existence of aliens" on this earth. He doesn't think this is a fantasy but chooses to believe it until he can prove that it doesn't exist.
He and the Japanese entrepreneur Maesawa Yusaku started the "dearMoon project " and vowed to take a group of humans around the moon within 5 years! In 2020, Elon Musk can't stop the lust in his heart. He said that in addition to the dearMoon project, in addition to taking people to the moon to play, maybe it can also "circle Mars by the way" for sightseeing!
According to Forbes rankings, 49-year-old Elon Musk currently ranks second in the world in wealth, with a wealth of US$150 billion, second only to Amazon CEO Bezos.
Elon Musk announced to give up his "home" on earth, this behavior doesn't suprise me as he has been very good at making topics or blowing stocks or crypto coins like Dogecoin on his Twitter, so i would like to acknowledge this news into an eye-cathing action.
But i do spend some time on the industry behind which is interesting also,The future Space Travelling industry.
How big is the market for space business?
Boeing Forecasts $9 Trillion Aerospace Market Opportunities in Commercial, Defense and Services Over Next Decade.
According to data from the American Satellite Industry Association, in the overall revenue structure of global commercial aerospace, commercial manned flights accounted for only 0.61%.
Virgin Galactic has calculated in its financial report that by 2025, the cumulative total revenue of space travel will reach $1 billion .
At present, space tourism has formed a three-pronged situation of SpaceX (under financing), Blue Origin , and Virgin Galactic (listed in 2019). SpaceX founded by Musk is the "big brother".
SpaceX is in the space travel of tens of millions of dollars, while Blue Origin and Virgin Galactic are aimed at suborbital flights, and the cost of a trip is relatively low. Compared with the latter two, Musk's SpaceX is obviously more ambitious and more difficult to land.
Will space travel become a stable business?
From the current point of view, the expensive price makes it still only a game for the rich.
According to the survey, the total potential market for space suborbital travel is about 2.4 million people, and the per capita net worth of these people exceeds $5 million.
$(Virgin Galactic's)$ prospectus also mentioned that more than 90% of ticket holders have a personal net worth of more than US$1 million, and about 70% of ticket holders have a personal net worth of less than US$20 million.
At present, about 600 flight tickets of $(Virgin Galactic)$ are sold to people from 60 different countries, and the price is between $200,000 and $250,000.
Some commercial aerospace practitioners said,“Aerospace development has never been achieved overnight. The space tourism market is still in its infancy and needs a long period of market precipitation. It should be viewed rationally and technology accumulation should be carried out in a down-to-earth manner.”
The business development of the three giants
At present,SpaceX, which has been established for many years, still needs to rely on NASA (National Aeronautics and Space Administration) to survive, and the financial report looks unsatisfactory. As of the completion of the latest round of financing in April 2021, SpaceX’s valuation has risen from US$46 billion in August last year to US$74 billion.
Since Virgin Galactic went public in 2019, its founder and British billionaire Richard Branson has sold a value of US$504.5 million , US$150.3 million, US$300 million in May 2020, April 2021, and August 2021 respectively.
The latest news from$( Blue Origin )$shows: NASA announced on last Thursday that will award a contract worth $415.6 million to Jeff Bezos's Blue Origin, Northrop Grumman Corp and Nanoracks , Let them develop commercial space stations that are privately owned and operated. A Few weeks ago, NASA just handed over a $130 million contract to Blue Origin, Sierra Space, and Boeing to develop the Orbital Reef space station.
For now, apart from the wealthy, those who go to space are scientific researchers and professional explorers. The specific development of commercial use in the future is still an open topic.
Do you have a space dream? Caring about the commercialization of space travel? Which company do you prefer?
Welcome to vote,Type your option please,
Option 1: I don’t care about space exploration
Option 2: I only Heard of Space_X
Option 3: Virgin Galactic and Blue Origin are also good
Option 4: No matter what, I want to travel to the Moon and Mars
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