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00:00:00
>> For $200,000 to $300,000, you can buy a two bedroom condo by the beach in Florida, or take a trip to outer space. That's how much sources tell Reuters. Billionaire Jeff Bezos says, rocket company plans to charge per ticket to tourist who want to venture beyond Earth. Reuters correspondent Eric Johnson has more details.
00:00:27
>> Blue Origin has said that its space tourist trips will be life changing. The general program is a rocket and capsule system designed to autonomously fly 6 passengers to more 62 miles above Earth, surpassing the Carmen Line, which is the internationally recognized boundary with space. High enough for passengers to experience a few minutes of weightlessness, do somersaults, and also to look on the curvature behind them of Earth.
00:00:57
The airspace industry has been eager for details on pricing as well as production status and other aspects of Blue's space ambitions because they shed light on whether space tourism could be a profitable proposition in the long term and how quickly it would get to that point.>> Three, two, one.
00:01:16
>> And the tourist space race is cluttered with rich men. Richard Branson's Virgin Galactic has already sold about 650 tickets at $250,000 for its own planed voyages, though its timeline is unclear. Elon Musk is also vying for lucrative launch contracts for SpaceX to claim a piece of the roughly $345 billion global space economy.
00:01:43
Blue Origin, which plans to start selling tickets next year, has not yet revealed its flight operating costs, but one aerospace analyst estimates each flight would cost the firm about $10 million. And until paying customers become more frequent, Blue Origin could lose astronomical sums of money on each space ride.